The Australian dollar has extended its rally on Thursday and is trading at 0.7554, its highest level since July 6th. It has gained 0.48% on the day. Australian dollar rises as RBA balks on bond purchase The RBA can take credit for boosting the Australian dollar today, although it was a n...
uncertainties and to adjust policy if needed. In this respect, the MPC opted for a 25 bps hike to 3.35%. Members also agreedthat further increases in the interest rate are needed over the months ahead.Contrary to December, the Board didn’t retain the option of kee...