News Source: Sydney Morning Herald
| 16 days ago
Reserve Bank of Australia (RBA) assistant governor, economics division, Philip Lowe has pointed to a rise in the average quality of sovereign credit ratings in recent years, deeper financial markets and stronger global turnover of Asian currencies...
News Source: The Age
| 16 days ago
In a speech in Perth, RBA assistant governor Philip Lowe said, ''The fact that in Asia there is less reliance on financial markets, and more on financial institutions and that central banks have large holdings of foreign reserves, have contributed to...