The Australian dollar is in positive territory on Tuesday, after sustaining losses of 1.4% a day earlier. In European trade, AUD/USD is trading at 0.6721, up 0.35%.
RBA raises cash rate by 25 bp
The Reserve Bank of Australia lifted interest rates by 25 basis points, bringing the cash rate to 3.1%.
06-12-2022 04:30 GMT
by Kenneth Fisher