Australian dollar strength may force RBA 'jawboning' again

By Mark Mulligan
Updated December 1 2015 - 6:08pm, first published 4:55pm
The RBA may use Tuesday's board meeting to talk the dollar down again. Photo: Glen Hunt
The RBA may use Tuesday's board meeting to talk the dollar down again. Photo: Glen Hunt
Recent divergence between the price of iron ore and the Australian dollar could weigh on RBA language, say analysts. Photo: ANZ, Bloomberg
Recent divergence between the price of iron ore and the Australian dollar could weigh on RBA language, say analysts. Photo: ANZ, Bloomberg

The recent resilience of the Australian dollar may force the central bank to resume talking down – or "jawboning" – the currency after five months of satisfaction with its level, according to Australia and New Zealand Banking group.

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