07.04.2015 - RBA decision has led to the growth of quotations of the Australian dollar
Reserve Bank of Australia today issued a statement according to which the interest rate of the regulator remained the same level at 2.25%. In a statement the regulator pointed to the negative effect of falling prices for key positions in Australian exports and weakening domestic demand. In addition, the need for interest rate cuts will be discussed at the next meeting. At the moment, the short-term upward trend may continue, but in the medium term decline will continue. We maintain our medium-term negative outlook for the Australian dollar.