RBA Keeps Benchmark Interest Rate at 1.75%
Australia’s dollar rose to its highest since early May after the central bank kept interest rates unchanged at a record low. The Reserve Bank of Australia left the benchmark rate at 1.75 percent, as forecast by all but one of 26 economists surveyed by Bloomberg. It also didn’t provide guidance on possible future policy decisions. ThinkForex Senior Market Analyst Matt Simpson discusses with Bloomberg's Rishaad Salamat on "Bloomberg Markets Middle East."