Aussie Weakens After RBA Rate Hike
02 August 2022 - 10:41AM
RTTF2
The Reserve Bank of Australia raised cash rate by 50 basis
points to 1.85 percent, as expected. Following the announcement,
the aussie fell against its major rivals.
The aussie was worth 1.4678 against the euro, 1.1056 against the
kiwi, 91.53 against the yen and 0.6996 against the greenback around
12:35 am ET.
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