Grenville's successor at RBA?

Reserve Bank of Australia assistant governor Glenn Stevens is the leading candidate to succeed Stephen Grenville as deputy governor, according to sources close to the Reserve Bank central bank.

"He's always been something of a protege of (Governor) Ian Macfarlane," said one senior economist at an Australian bank who used to work at the RBA.

Stevens's main rivals are felt to be Ric Battellino, head of financial markets who is understood to have a good working relationship with Treasurer

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