The Reserve Bank of Australia raised interest rates by 25 basis points as expected, causing the Australian dollar to rise 16 points against the US dollar (AUD/USD), currently trading at 0.7167.

2026-05-05

The Reserve Bank of Australia raised interest rates by 25 basis points as expected, causing the Australian dollar to rise 16 points against the US dollar (AUD/USD), currently trading at 0.7167.