Economy

Mar 19, 2014

RBA relaxed about the dollar and investment

This month's minutes from the RBA board meeting show the bank is more relaxed about the dollar than it used to be, Glenn Dyer and Bernard Keane write.

Yesterday’s Reserve Bank minutes from its March meeting shed plenty of light on the bank’s current thinking — much of which was missed by the ensuing media commentary. As always, it pays to examine what the bank says, and even the order in which it says it, rather than rely on what the media says it said.

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