RBA governor wants lower $A

Reserve Bank governor Philip Lowe says the depreciation of the Australian dollar in recent years has helped some industries but it needs to fall further.

Reserve Bank governor Philip Lowe says the depreciation of the Australian dollar in recent years has helped some industries but he wants to see it fall further.

"I would like it to be lower than higher, if I had that choice," Dr Lowe told a parliamentary economics committee on Friday.

He said the depreciation since 2013 had helped the tourism and education sectors as well as some parts of manufacturing.