RBA Sold Net A$570 Million In Forex Market In July

The Reserve Bank of Australia sold a net A$570 million in the foreign exchange market in July, figures released by the central bank showed on Thursday. The bank had sold a net A$1.2 billion in June.

The RBA bought a net A$608 million in the forex market from the Australian government in July. A net A$1.4 billion was bought from the government in the previous month.

A net A$146 million were sold in other outright transactions. A net A$5 billion were sold as swap deliveries.

by RTTNews Staff Writer

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