RBA

Reserve Bank of Australia Forex

The Reserve Bank of Australia (RBA) hasn’t intervened in the forex market to influence the Australian dollar exchange rate since 2001. Although the Reserve Bank sold a net of A$246 million and bought a net of A$245 million from the government in the spot foreign exchange market in November in figures released today reveals. So in November, the Reserve Bank of Australia sold a net of A$1 million (In October, the RBA bout a net of A$8 million).

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