SYDNEY, Feb 16 (Reuters) - Reserve Bank of Australia (RBA) Governor Philip Lowe said on Friday the central bank would prefer a lower exchange rate, although on a trade-weighted basis the local dollar was "manageable."
The Australian dollar AUD=D4 climbed to a 2-1/2 year high of $0.8136 late last month as the greenback languished. The Aussie has since come off those levels but was still elevated around $0.7940.
A higher Aussie would weigh on inflation and economic growth for the export-dependent nation.