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Australian Central Bank Sets Rates Steady


二月, 08 2017
watermark Economic news

The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on Tuesday.  The bank also mentioned its projection about the growth of economy Down Under by 3 percent per annum basis while inflation could exceed its 2 percent target.

Monetary easing is no longer expected within major economies as the board of judges decided to be consistent with the rates considering its sufficiency to sustain growth in the economy as well as to gain the target inflation in time.

The expected interest rates were at its lowest point that provided support to the Aussie dollar and reach a high rate of $0.7675 subsequent to the decision made by the Reserve bank of Australia, compared with the $0.7637 prior to the announcement.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。