RBA: Australia financial system well placed to manage coronavirus pandemic risks

<p>RBA said Australia’s financial system faces “increased risks” from the coronavirus pandemic, but it’s “well placed to manage them”. The systems enters the challenging period in a “strong starting position”. “Capital levels are high and the banks’ liquidity position has improved considerably over recent times,” it added. “The Australian banks also enter the downturn with […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/286309-rba-australia-financial-system-well-placed-to-manage-coronavirus-pandemic-risks/">RBA: Australia financial system well placed to manage coronavirus pandemic risks</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>