The Reserve Bank of Australia's interest rate decision sets Australian borrowing costs and is the main driver of the Australian dollar.
Actual
4.35%
Forecast
4.35%
Previous
4.35%
Source: Reserve Bank of Australia. Figures as released; revisions appear in the next print.
RBA Interest Rate Decision for August 6, 2024 came in at 4.35% versus 4.35% expected (previous 4.35%), in line with forecast.
What it meant for the Australian Dollar
The actual landed in line with the 4.35% forecast. A reading above forecast is generally bullish for the AUD, and below forecast bearish.
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