Australian Dollar Falls Below 0.7050 on RBA Official's Dovish Remarks on August 13
According to CBA, the Australian dollar weakened below 0.7050 during Asia trading on August 13 following dovish remarks from RBA Assistant Governor Kent. Kent stated that financial conditions remain restrictive and the three rate hikes earlier this year are working as intended. He noted that
GateNews·08-13 05:45
