AUD/USD at mid-80s is much more problematic than where it is now – Goldman Sachs
|Comments crossed the wires earlier on the day from Goldman Sachs Australia chief economist Andrew Boak, as took an interview with the Australian Financial Review (AFR).
Key Points:
RBA would, similar to other CBs, like a lower currency, but not concerned on AUD where it is now: "It's been a long time since they've signalled concern about it"
" ... is probably 3¢ above its average of the past few years."
"I would have thought mid-80s is much more problematic than where it is at the moment"
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