RBA Leaves Rates Unchanged but Keeps Hike Option Open

The Reserve Bank of Australia held interest rates at current levels, Rabobank strategist Elwin de Groot reported.

Although the central bank left rates unchanged, it kept the door open to additional tightening. Markets were still digesting the statement in initial trade.

For the Australian dollar, the focus remains on whether the RBA follows through with another hike if inflation or activity data require it.