Australia interest rate

Australian central bank leaves cash rate unchanged

The Reserve Bank of Australia (RBA) on Tuesday left the official interest rates untouched at two percent for the fifth consecutive month.

Oct 06, 2015, 10:59 AM IST

Australia's central bank keeps interest rates on hold

Australia on Tuesday kept interest rates at 2.0 percent after slashing them to a record low last month, and called for a weaker currency to help counter a sluggish economy struggling with soft business spending.

Jun 02, 2015, 16:32 PM IST

Australian central bank keeps interest rates at 2.5%

Australia`s central bank Tuesday kept interest rates at a record low 2.5 percent, maintaining an unchanged outlook for the country`s economy as it continued to call for a weaker currency.

Nov 04, 2014, 11:27 AM IST