Does the RBA really want a lower Aussie dollar?

The Reserve Bank has just been presented with the perfect opportunity to again talk the Australian dollar down. But inflationary pressures arising from a lower dollar could be a bigger concern.

With the Aussie dollar having traded at its highest level in 2014 overnight the RBA has the perfect opportunity this week to try and talk it down again. I will be interested to see if they will or instead allow it to pass by without comment on the currency. Central bank officials, namely Governor Glenn Stevens and Deputy Governor Philip Lowe are both scheduled to speak this week, and with the dollar at elevated levels it seems an ideal time.

The absence of comment however would be akin to acknowledgement that they may have lost the battle to talk it down or, more likely, they are now concerned about higher import prices adding to inflationary pressures.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles