You are here

CURRENCIES

Aussie dollar rises as RBA keeps rate unchanged

autraliandollars080415.jpg
The Australian dollar gained over one per cent against the US dollar on Tuesday - heading for its biggest daily rise in more than two weeks - after the Reserve Bank of Australia surprised many investors by refraining from an interest rate cut.

London

THE Australian dollar gained over one per cent against the US dollar on Tuesday - heading for its biggest daily rise in more than two weeks - after the Reserve Bank of Australia surprised many investors by refraining from an interest rate cut.

The Aussie rose to US$0.7711,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes