RBA names new deputy governor

AUSTRALIA - The appointment on Thursday of Mr Glenn Stevens as deputy governor of the Reserve Bank of Australia makes him the frontrunner to become the central bank's next governor.

Click the link on the right to read the official press release.

The appointment on Thursday of Mr Glenn Stevens as deputy governor of the Reserve Bank of Australia makes him the frontrunner to become the central bank's next governor.

Mr Stevens was promoted from assistant governor (economic group), essentially the ba