Tue, 06 Jul 2021 07:17:27 GMT
RBA causes AUD volatility
On July 6, at 04:30 GMT, the Reserve Bank of Australia published its cash rate and rate statement. In general, the bank left its cash rate unchanged. However, the AUD declined, as the bank revealed that it does not expect to change its interest rate until 2024.
Quoting the statement: "The Board remains committed to maintaining highly supportive monetary conditions to