RBA weighs in on currency saying a weaker dollar would help recovery
Sarah TurnerPerspective editor
The Reserve Bank concedes a weaker dollar would help the economy recover from its historic COVID-19 recession, breaking its silence to agree with the blue-chip companies that warn of exchange rate pain.
The central bank's comments, revealed in the minutes of its September policy decision, came a day after Macquarie Group flagged that its first-half result would drop sharply partly because of the stronger Australian dollar.
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