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17.03.26 - 08:36
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Australian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Tuesday. The Australian dollar rose to a 13-year high of 1.2149 against the NZ dollar,......
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17.03.26 - 07:54
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RBA interest rates: Reserve Bank raises official cash rate to 4.1% in blow to mortgage holders (The Guardian)
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Reserve Bank of Australia's second consecutive increase lifts cash rate target to where it was in February last yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has increased interest rates amid a global energy shock that threatens to push Australian inflation towards 5% in a split decision, leaving the door open to further hikes.The hike takes the RBA's cash rate target from 3.85% to 4.1%, back to where it was in February 2025, wiping out the relief offered by two cuts last year. Continue reading......
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