Tue, 05 Mar 2013 07:35:04 GMT
Aussie rises as RBA keeps key rate unchanged
The Australian Dollar advanced versus most of the major peers as the RBA refrained from cutting the benchmark interest rate and kept it unchanged at 3%. The Aussie gained as much as 0.4% to $1.0234 at 3:13 p.m. in Sydney from a day earlier, when it fetched $1.0115, the weakest level since July 12. The currency rose 0.1% to 95.42