RBA Aussie Jawboning In Spotlight as U.S. Expressed Concern

  • U.S. made comments in September as part of IMF consultations
  • Aussie climbs Tuesday after Stevens positive on economy

The Australian central bank’s attempts to talk the local currency lower last year ran afoul of the U.S. Treasury, which chided officials by reminding them of their commitment to a freely floating exchange rate.

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