|
SYDNEY - Australia's central bank intervened in currency markets in European trade on Friday to support the Australian dollar as it tumbled towards new lows against the U.S. dollar, a spokesman said on Monday.
"Yes, we did intervene in the market on Friday," a spokesman at the Reserve Bank of Australia (RBA) told Reuters.
"We are there to support illiquid markets," he said, when asked if the central bank would intervene in the future.
He declined to say how much the central bank spent on its intervention.
(Reporting by Anirban Nag)
| 
