Australian dollar falls as RBA keeps rate cut on agenda

The Australian dollar fell sharply today (December 17) after the central bank indicated it is still considering an additional rate cut from the current record low of 0.75%.

Reserve Bank of Australia board members noted they “had the ability to provide further stimulus to the economy, if required”, say the minutes of the monetary policy meeting held on December 3. Following the publication, the Australian dollar fell to 1.45 per US dollar.

In a bid to boost below-target inflation, the RBA

You are currently unable to copy this content. Please contact [email protected] to find out more.

Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!