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20 08 2018
20 08 2018
Locally, statistics supported the national currency, however, the overall trend is still bearish. At the last meeting, the Reserve Bank reiterated that its current monetary policy fully corresponds to the goals of inflation and the rate of economic growth. The dollar exchange rate remains extremely sensitive to what is happening in the global economy and separately in China - a key strategic partner of the countries of Oceania.
Locally, statistics supported the national currency, however, the overall trend is still bearish. At the last meeting, the Reserve Bank reiterated that its current monetary policy fully corresponds to the goals of inflation and the rate of economic growth. The dollar exchange rate remains extremely sensitive to what is happening in the global economy and separately in China - a key strategic partner of the countries of Oceania.
08 08 2018
08 08 2018
The yesterday's announcement by the US Trade Mission (USTR) about imposing a $ 25 billion import on Chinese 25% duty was also unexpected for the market. According to the White House comments, these measures are a response to China's unfair trade practices related to the theft of US technology and intellectual property.
The yesterday's announcement by the US Trade Mission (USTR) about imposing a $ 25 billion import on Chinese 25% duty was also unexpected for the market. According to the White House comments, these measures are a response to China's unfair trade practices related to the theft of US technology and intellectual property.