On Tuesday, China’s Politburo, the country’s top leadership, said they “will implement prudent monetary policy, proactive fiscal policy.” Additional quotes Will flexibly use policy tools, including Reserve Requirement Ratio (RRR) and interest rates.
On Tuesday, China ’s Politburo, the country’s top leadership, said they “will implement prudent monetary policy, proactive fiscal policy.” Additional quotes Will flexibly use policy tools, including Reserve Requirement Ratio and interest rates. Will actively expand domestic demand. Discussed property measures. Will coordinate and study on policy measures to resolve home inventories. Will ensure debt-laden provinces and cities to reduce debt burden, meanwhile developing steadily.
Relatively high interest rates compared to other major central banks support the AUD, and the opposite for relatively low. The RBA can also use quantitative easing and tightening to influence credit conditions, with the former AUD-negative and the latter AUD-positive. How does the health of the Chinese Economy impact the Australian Dollar? China is Australia’s largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar .
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