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Since July the Australian dollar (AUD) has remained strong ranging between 0.7600 and 0.8066 US cents...

The Reserve Bank of Australia (RBA) has left interest rates unchanged at its monthly meeting today, with Governor Glenn Stevens saying it doesn’t appear the world economy is headed for another deep downturn.

The Reserve Bank of Australia will establish representation in China in mid-October.

The Reserve Bank of Australia has left interest rates unchanged at 4.75 percent.

The Reserve Bank announced today it would leave the cash rate unchanged at 4.75 percent.

Currency Market Update from Travelex: As the Consumer Price Index revealed inflation is on the rise in Australia, the AUD is pushing towards $1.10 in value. With the US Reserve Bank announcing no intention of tightening fiscal policy, there is unlikely to be a decline in the value of the Aussie against the Greenback.

Anthony Gray of Travelex gives an update of where the currency market is at following the recent RBA board meeting.

The Reserve Bank has announced it will leave the cash rate unchanged at 4.75 percent, based on strong growth in the global economy.