MarketsDebt MarketsCurrenciesPrint articleWhy a rising $A is good news for the RBA and rate cutsCecile LefortMarkets reporterSep 27, 2024 – 3.45pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginA big jump in the Australian dollar is helping lower inflation in imported items, such as petrol, and is welcome news to the Reserve Bank which reiterated this week that more progress needs to be made on prices before cutting interest rates.The local dollar climbed to a 19-month peak of US69.08¢ earlier this week after China’s central bank announced a string of stimulus measures to shore up the economy.Loading...Cecile Lefort is a markets reporter based in the Sydney newsroom. Email Cecile at cecile.lefort@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreCurrenciesBondsInterest ratesMonetary policyLatest In Debt marketsFetching latest articlesMost Viewed In Markets
