5/4, 6:31 AM (Source: TeleTrader)
more TeleTrader news

RBA holds key interest rates

Reserve Bank of Australia (RBA) revealed on Tuesday it decided against adjusting its monetary policy setting in March.

The targets for the cash rate, as well as the three-year Australian Government Securities (AGS) bonds, will remain at 10 basis points, not changing when compared to last month's data.

"The global economy is continuing to recover from the pandemic and the outlook is for strong growth this year and next," said RBA Governor Philip Lowe.

Breaking the News / NL