Australia's central bank holds cash rate at record-low 0.1%
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Summary:
FILE PHOTO: Pedestrians walk past the main entrance to the Reserve Bank of Australia head office in central Sydney, Australia
SYDNEY (Reuters) - Australia's central bank left its cash rate at a record low of 0.1% on Tuesday, and reiterated its outlook that rates could remain there until 2024 as it seeks full employment in the economy.
The Reserve Bank of Australia (RBA) made the announcement following its monthly meeting. A Reuters poll found all 15 analysts expected a steady outcome this week. [AU/INT]
(Reporting by Wayne Cole; Editing by Shri Navaratnam)
USD/CAD settled below the support at 1.2080 and is testing the next support at 1.2065.
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Derville Rowland, ...
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