RBA Holds Interest Rate at 4.35% as Expected
The Reserve Bank of Australia left rates unchanged at 4.35% at its August meeting, in line with market expectations.
AUDUSD
The Reserve Bank of Australia maintained its Official Cash Rate at 4.35% at the conclusion of its August monetary policy meeting. The decision was in line with market expectations.
The RBA has now held rates steady for several meetings as it assesses the impact of previous tightening on the economy.
Source: FXStreet Forex News