Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Australia central bank deputy governor to appear before parliament on Wednesday

FILE PHOTO: Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle speaks at a panel of regulators in Sydney, Australia, September 8, 2017. REUTERS/Jason Reed

Australia's central bank said Deputy Governor Guy Debelle will appear before a parliamentary economics committee later on Wednesday at 1000 GMT (2100 Sydney time).

Further details were not immediately available, but the scheduled appearance was unusual and comes at a time when global policymakers are ramping up efforts to deal with the coronavirus epidemic.

On Tuesday, the Reserve Bank of Australia cut its benchmark interest rate to a record low of 0.5% to blunt the economic fallout from the virus.

(Reporting by Swati Pandey; Editing by Shri Navaratnam)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.