Reuters: US Dollar Report: Australia central bank holds rates at 2.5 pct

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Australia central bank holds rates at 2.5 pct Sep 3rd 2013, 04:32 SYDNEY, Sept 3 | Tue Sep 3, 2013 12:32am EDT SYDNEY, Sept 3 (Reuters) - Australia's central bank kept its cash rate steady at a record low of 2.5 percent on Tuesday, a widely expected decision given it was only a month since it last eased policy and a Federal election is just days away. The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. All 23 analysts in a Reuters poll had felt the RBA would hold rates this week, though many still expect a further easing in coming months.

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