Australian Foreign Minister Penny Wong said on Tuesday: “We have reached an agreement with China to settle the Australian barley dispute.”
“China has agreed to review tariffs imposed on Australian barley,” Wong added.
reaction of the market
AUD/USD accepts fresh bids towards 0.6700 following Australia’s announcement to suspend its dispute with China over barley. The currency pair is trading at 0.6667, up 0.44% on the day.
