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Forex News: Australian Dollar Steady Ahead Of RBA Rate Decision

Australian Dollar Steady Ahead Of RBA Rate Decision

09/05/2017 - 00:28:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia's interest rate decision is due at 12:30 am ET Tuesday. The economists expect the bank to hold rates at 1.50 percent.

Ahead of the announcement, the Australian dollar held steady against its major rivals.

As of 12:25 am ET, the Australian dollar traded at 1.4944 against the euro, 0.7967 against the U.S dollar, 87.08 against the yen and 1.1105 against the NZ dollar.

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