Rba governor wants lower a 20170224 p5v9mr.html – Breaking News & Latest Updates 2026
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This was published 9 years ago

RBA governor wants lower $A

AAP

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Reserve Bank governor Philip Lowe says the depreciation of the Australian dollar in recent years has helped some industries but he wants to see it fall further.

"I would like it to be lower than higher, if I had that choice," Dr Lowe told a parliamentary economics committee on Friday.

He said the depreciation since 2013 had helped the tourism and education sectors as well as some parts of manufacturing.

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