<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      Central bank official says lower Aussie dollar good for economy

      Source: Xinhua| 2019-02-15 10:55:43|Editor: Shi Yinglun
      Video PlayerClose

      SYDNEY, Feb. 15 (Xinhua) -- Recent falls in the Australian dollar may seem like cause for concern, but a top official at the nation's central bank believes that the currency's weakness might actually be helpful for the country's economy.

      Speaking at a foreign exchange conference in Melbourne on Wednesday night, Reserve Bank of Australia Assistant Governor Christopher Kent said that given below target levels of inflation, and capacity in the labour market, recent depreciation could be "helpful."

      "While the exchange rate is still within the relatively narrow range of the past few years, the recent depreciation is helpful at the margin given that there remains spare capacity in the economy and inflation remains below target," Kent said.

      The Aussie dollar started 2019 at its lowest level in three years, and according to Kent, it has seen a 4 percent decline on a trade-weighted basis (TWI) over the past couple of months, with higher commodity prices restricting further falls.

      Also in his speech Kent raised concern over flash events in currency markets, such as the Aussie's 7 percent plunge against the Japanese Yen in January, with disorderly moves in key financial markets "bearing close watch."

      In the future, Kent said, he expects to see both wage growth and inflation in Australia to gradually increase.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011100001378238841
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          久久这里国产综合精品 | 日本中文字幕有码在线看 | 亚洲步兵在线播放 | 午夜性刺激在线视频免费看 | 玖玖资源免费国产在线 | 麻豆久久久久久久 |