TWEET TALK: Dollar determinant

Expectations that the falling Australian dollar will stabilise the local economy have led to near consensus in the Twittersphere that the Reserve Bank will hold fire.

Ahead of the Reserve Bank of Australia’s decision on interest rates today at 1430 AEST, all but one of 13 economists surveyed by AAP expect the Reserve Bank to hold the cash rate steady. Most experts on Twitter agree that the central bank won’t move but predict its easing bias will remain.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've 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 activate your membership

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 unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

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