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RBA leaves interest rates on hold

Dec. 06, 2016 4:47 AM ETEWA, IAF, FXA, KROO, AUSE, EWAS, FAUS, CROC, QAUS, HAUD, DBAUBy: Yoel Minkoff, SA News Editor
  • In its last monetary policy review for the year, the Reserve Bank of Australia left interest rates on hold at an historic low of 1.5%.
  • The central bank said that a rising Aussie dollar might pose risks to the country's economic transition, as it moves away from a resource-led economy, and flagged that some "slowing in the year-ended growth rate is likely" before picking up again.
  • ETFs: FXA, EWA, IAF, AUSE, CROC, KROO, EWAS, FAUS, QAUS, HAUD, DBAU

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