Australian Dollar Falls After RBA Rate Decision
(RTTNews) - At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia announced its monetary policy decision on interest rates. The central bank kept its benchmark lending rate unchanged at 4.35 percent, as widely expected.
After the RBA rate decision, the Australian dollar fell against its major rivals.
As of 12:31 am ET, the Australian dollar was trading at 0.6613 against the U.S. dollar, 102.19 against the yen, 1.6284 against the euro and 0.9043 against the Canadian dollar.
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Canadian Dollar Slides Against Majors
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Data from the Cabinet Office showed that the Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024. That was in line with expectations and down from 0.7 percent in the second quarter.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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