20 08 2018
Locally, statistics supported the national currency, however, the overall trend is still bearish. At the last meeting, the Reserve Bank reiterated that its current monetary policy fully corresponds to the goals of inflation and the rate of economic growth. The dollar exchange rate remains extremely sensitive to what is happening in the global economy and separately in China - a key strategic partner of the countries of Oceania.
Locally, statistics supported the national currency, however, the overall trend is still bearish. At the last meeting, the Reserve Bank reiterated that its current monetary policy fully corresponds to the goals of inflation and the rate of economic growth. The dollar exchange rate remains extremely sensitive to what is happening in the global economy and separately in China - a key strategic partner of the countries of Oceania.
