Australian financial regulators in emergency meeting to discuss coronavirus impact -source


  • World
  • Monday, 02 Mar 2020

FILE PHOTO: People wearing face masks walk by Flinders Street Station after cases of the coronavirus were confirmed in Melbourne, Victoria, Australia, January 29, 2020. REUTERS/Andrew Kelly/File Photo

SYDNEY (Reuters) - Australia's financial regulators will discuss the impact of a new coronavirus outbreak on Australia's A$2 trillion (1 trillion pounds) economy in an emergency meeting on Monday, a source familiar with the matter told Reuters.

The conference call, involving the country's prudential regulator, markets watchdog and the central bank, comes as financial markets price in a global policy response to the rapidly spreading epidemic.

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