SYDNEY, Feb 9 (Reuters) - Australia's central bank governor said on Thursday it was hard to argue the local dollar was "too high" given prices for key commodity exports had also risen in past months, signalling a relatively relaxed stance on the currency.
Answering audience questions after a speech to a group of investors, Reserve Bank of Australia (RBA) Governor Philip Lowe also signalled he was in no rush to push inflation higher through yet lower interest rates.
Easing policy to encourage Australians to borrow more to speculate in the property market was "not in our interests", and the bank did not feel compelled to get inflation higher at a faster pace, he said.