AGL 40.05 Increased By ▲ 0.02 (0.05%)
AIRLINK 127.80 Increased By ▲ 0.10 (0.08%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.67 Decreased By ▼ -0.12 (-1.37%)
DFML 41.15 Decreased By ▼ -0.43 (-1.03%)
DGKC 86.00 Increased By ▲ 0.21 (0.24%)
FCCL 32.44 Decreased By ▼ -0.05 (-0.15%)
FFBL 64.50 Increased By ▲ 0.47 (0.73%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.60 Increased By ▲ 1.83 (1.65%)
HUMNL 14.83 Decreased By ▼ -0.24 (-1.59%)
KEL 5.05 Increased By ▲ 0.17 (3.48%)
KOSM 7.35 Decreased By ▼ -0.10 (-1.34%)
MLCF 40.34 Decreased By ▼ -0.18 (-0.44%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 193.80 Decreased By ▼ -1.07 (-0.55%)
PAEL 26.80 Decreased By ▼ -0.71 (-2.58%)
PIBTL 7.26 Decreased By ▼ -0.55 (-7.04%)
PPL 152.50 Decreased By ▼ -0.03 (-0.02%)
PRL 26.15 Decreased By ▼ -0.43 (-1.62%)
PTC 16.10 Decreased By ▼ -0.16 (-0.98%)
SEARL 85.49 Increased By ▲ 1.35 (1.6%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.77 Increased By ▲ 0.17 (0.46%)
TPLP 8.80 Increased By ▲ 0.14 (1.62%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.19 Increased By ▲ 3.57 (6.09%)
UNITY 28.15 Increased By ▲ 1.29 (4.8%)
WTL 1.33 Decreased By ▼ -0.05 (-3.62%)
BR100 10,088 Increased By 88.1 (0.88%)
BR30 31,149 Increased By 146.9 (0.47%)
KSE100 94,679 Increased By 486.6 (0.52%)
KSE30 29,396 Increased By 195 (0.67%)

imageSYDNEY: Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said on Friday that a lower exchange rate compared with levels seen last year, if sustained, will help economic growth.

Kent also play down Thursday's surprisingly weak jobs data, saying unemployment tended to lag activity. He added that there were reasonable prospects for non-mining investment to pick up next year.

Kent made those remarks in Sydney at a Q&A after giving a speech.

Comments

Comments are closed.