Posted by Ava on 11:05 PM
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| Australia central bank holds rates at 3.5 pct Aug 7th 2012, 04:34 SYDNEY | Tue Aug 7, 2012 12:34am EDT SYDNEY Aug 7 (Reuters) - Australia's central bank on Tuesday kept its main cash rate steady at 3.5 percent, a widely expected decision as upbeat economic news at home gives it time to assess the impact of past easings. The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. For text of the statement see: | |
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