Bloomberg News

Australian Dollar Rises After RBA Leaves Key Rate Unchanged

February 07, 2012

Feb. 7 (Bloomberg) -- The Australian dollar rose against the greenback and the yen after the Reserve Bank unexpectedly left the cash rate target unchanged at 4.25 percent.

The so-called Aussie climbed 0.7 percent to $1.0803 as of 2:34 p.m. in Sydney, compared with $1.0705 before the decision. It gained 0.9 percent to 82.80 yen, versus 82.20 before the RBA announcement.

To contact the reporter on this story: Mariko Ishikawa in Tokyo at mishikawa9@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net


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