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Australian dollar climbs, falls back, after RBA decison

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The Australian dollar was steady at US$0.7170 on Tuesday after the Reserve Bank of Australia kept rates on hold, as expected, at a record low of 2.00 per cent.

[SYDNEY] The Australian dollar was steady at US$0.7170 on Tuesday after the Reserve Bank of Australia kept rates on hold, as expected, at a record low of 2.00 per cent.

The Aussie initially climbed above 72 US cents before reversing those gains. It touched a three-week trough last week.

REUTERS

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