Australian Dollar Struggles for Momentum After RBA Rate Decision

The Australian Dollar remains weak as RBA Governor Bullock highlighted that the risks associated with rising inflation have diminished. The RBA kept the Official Cash Rate unchanged at 4.35% during its final policy meeting of the year in December. The US Dollar continues to strengthen in anticipation of the US Consumer Price Index data set to be released on Wednesday. The Australian Dollar (AUD) continues to decline after the Reserve Bank of Australia (RBA) decided to keep the Official Cash Rate (OCR) unchanged at 4.35% during its final policy meeting of the year. RBA Governor Michele Bullock, in a press conference, explained the decision to hold the interest rate at its 12-year high of 4.35% for the ninth consecutive meeting in December.

Venkateswara Suppliers Private Limited , is a leading manufacture, ventured into manufacturing of FRP products, and the first product developed is for...

Looking for a way to save on your Canva subscription? Use the Acanva Promo Code to get amazing discounts on premium features, templates, and design to...

Invest in a residential solar panel system and enjoy long-term energy savings. Solar Energy Solutions provides expert residential solar PV installatio...

Enhance your fitness experience with a visit to the open gymnasium equipped with state-of-the-art park gym equipment! These outdoor fitness spaces are...

Bintan Resort Ferries provides direct and comfortable services to Bintan's luxurious resorts. With spacious seating, VIP options, and a smooth ride, t...

If you’re passionate about pets, you’ll love this video! I took a trip to Naihati Pet Market, and it’s filled with vibrant birds, tropical fish,...