Australian Dollar Rises Ahead Of RBA Rate Decision
07 May 2024 - 10:25AM
RTTF2
At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank
of Australia will announce its monetary policy decision on interest
rates. The RBA is widely expected to keep its benchmark lending
rate unchanged at 4.35 percent.
Ahead of the RBA rate decision, the Australian dollar rose
against its major rivals.
As of 12:25 am ET, the Australian dollar was trading at 0.6493
against the U.S. dollar, 96.52 against the yen, 1.6550 against the
euro and 0.8781 against the Canadian dollar.
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