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FX.co ★ Australian Dollar Falls After RBA Rate Decision

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typeContent_19130:::2023-07-04T04:34:00

Australian Dollar Falls After RBA Rate Decision

At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia announced its July monetary policy decision. In the meeting, the RBA kept its cash rate unchanged at 4.1 percent.

After the announcement, the Australian dollar fell against its major rivals.

As of 12:31 am ET, the Australian dollar was trading 0.6652 against the U.S. dollar, 96.17 against the yen, 1.6398 against the euro and 1.0816 against the NZ dollar.

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