Australian Dollar Rises Ahead Of RBA Monetary Policy Decision
19 March 2024 - 10:26AM
RTTF2
At 11:30 pm ET in the early Asian session on Tuesday, the
Reserve Bank of Australia will announce its decision on interest
rates in the monetary policy meeting. 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 13:25 pm ET, the Australian dollar was trading at 0.6562
against the U.S. dollar, 97.94 against the yen, 1.6572 against the
euro and 1.0792 against the NZ dollar.
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