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14 Feb 2014
RBA's Kent: Lower AUD to aid Australian economy
FXStreet (Bali) - Christopher Kent, Assistant Governor (Economics) of the Reserve Bank of Australia just crossed the wires saying that a lower Australian dollar will aid a faster return to trend growth.
Additional comments included that the lower AUD will add a little to inflation, which he outlined to be higher than though in November, although Kent admitted it was consistent with target.
Additional comments included that the lower AUD will add a little to inflation, which he outlined to be higher than though in November, although Kent admitted it was consistent with target.