The Reserve Bank of Australia (RBA) has opted to leave the cash rate target unchanged at 4.35 percent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 percent.
The decision was made in a board meeting on Tuesday.
Households, Small Businesses Tighten Purse Strings Despite Hold on Interest Rate
The cash rate has been left at 4.35 percent again.
The Reserve Bank of Australia has opted to maintain current interest rates following a board meeting on Tuesday afternoon. Squirrel_photos/pixabay
Crystal-Rose Jones
Author
Crystal-Rose Jones is a reporter based in Australia. She previously worked at News Corp for 16 years as a senior journalist and editor.
