Reserve Bank of Australia Governor Lowe speaking to the Australian parliament's House of Representatives Standing Committee on Economics.
His (headline above) comment on the Australian dollar relates to how commodity prices have risen but the AUD has lagged a little due to accommodative Reserve Bank of Australia policies
- Says he does not see FX manipulation from other central banks
(Here ya go Phil. YW ... SNB Gov Jordan has already admitted to management of the CHF .... sheesh )
More:
- not targeting exchange rate
- no sense of currency wart or manipulation going on
