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The minutes from the RBA's July meeting noted...>

RBA
RBA: The minutes from the RBA's July meeting noted that "improved risk sentiment
and the extent of policy easing by the Federal Reserve had seen the US dollar
depreciate against the currencies of most economies over recent months. Members
observed that a wide range of advanced economy currencies had returned to levels
previously seen prior to the onset of the pandemic. This was also the case for
the Australian dollar, consistent with commodity prices and interest
differentials having been little changed over that period."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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