06.10.2015 - The RBA has left the interest rate of 2.00%
Today, the price of the Australian dollar showed an increase after the decision of the Reserve Bank of Australia to keep interest rates on hold at 2.00%. Australian regulator also noted the need for further study of economic data to determine the future prospects of monetary policy. Despite this, the possibility of lower interest rates in the future remains high. It should be noted the negative impact of statistics on the country's trade deficit which increased to 3.10 billion vs. expected 2.48 billion due to the decline in exports in the country. Our medium-term outlook remains negative and after the completion of the current growth of quotations they will likely return to levels of around 0.70.