Australian Dollar Retreats After RBA Monetary Policy Decision
19 März 2024 - 12:33AM
RTTF2
At 11:30 pm ET in the early Asian session on Tuesday, the
Reserve Bank of Australia announced its decision on interest rates
in the monetary policy meeting. The RBA kept its benchmark lending
rate unchanged at 4.35 percent.
After the RBA rate decision, the Australian dollar retreated
from recent highs against its major rivals.
As of 11:31 pm ET, the Australian dollar was trading at 0.6545
against the U.S. dollar, 97.75 against the yen, 1.6603 against the
euro and 1.0782 against the NZ dollar.
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