Risks are rising for Reserve Bank intervention of the Australian dollar
www.abc.net.au
The Australian dollar has come under a lot of pressure over the past two weeks, raising the question is the Reserve Bank close to stepping into the currency market to support the Australian dollar?
  • brisk
    3·
    11 days ago

    It’s lost ground to both the US dollar, or greenback, and the British pound.

    In late September, the “Aussie”, as it’s known, hit 69.4 US cents.

    Please tell me these are jokes