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RBA’s Assistant Governor Kent: RBA to make modest changes to how it uses FX swaps

Developing story

Reserve Bank of Australia’s Assistant Governor (Financial Markets) Chris Kent is participating in the Finance & Treasury Association’s FX roundtable webinar.

Key comments

RBA TO MAKE MODEST CHANGES TO HOW IT USES FX SWAPS – Reuters News

AUD would be 5% higher if it wasn’t for the RBA policy steps.

Policy measures continue to place downward pressure on the AUD.

AUD currently around the upper end of its range of recent years.

More to come…

 

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