RBA sees China's growth rate continuing

Lowe has been taking questions in front of the House of Representatives' Standing Committee on Economics at the moment.

The RBA sees China's growth rate continuing.

Previous comments:

• RBA's Lowe: "Commodity prices will pull back from current levels" 
• Lowe: "Hard to say that Aussie is fundamentally overvalued"
• RBA's Governor Lowe states global economy firmer footing

Extra reading:

RBA's Lowe vs. Aussie vs. households 180% 'dark cloud' debt-to-income

AUD/USD remains in a tight range, currently trading at 0.7717, up 0.05% on the day, having posted a daily high at 0.7722 and low at 0.7707.