This final conclusion from the RBA's meeting minutes today isn't encouraging for companies with debt or those dependent on USD/AUD exchange rates. Why? Because if the RBA maintains or raises rates while the U.S. reduces theirs, the AUD could strengthen (theoretically). How strong it will become is something we’ll only know once it actually happens. Will find out US decision on 17th or 18th September !
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-08-06.html
This final conclusion from the RBA's meeting minutes today isn't...
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Mkt cap ! $250.1M | |||
| Open | High | Low | Value | Volume |
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