Maintaining a strong dollar in international currency markets is not one of the monetary policy goals of the Reserve Bank of Australia.

Question

Quizplus · Accepted Answer

The Reserve Bank of Australia's main monetary policy goal is to maintain price stability within the country, and they do not have a specific policy objective related to the exchange rate of the Australian dollar. However, they do monitor and assess the impact of exchange rate movements on the economy and adjust their policies accordingly.

Maintaining a Strong Dollar in International Currency Markets Is Not