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1 Dec 2015
India Cash Reserve Ratio: 4%
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Dec 1, 2015
AUD retains gains post-RBA ‘on-hold’, a flurry of PMIs – Up next
The Aussie maintained its strong momentum post-RBA decision and traded firmer above 0.7250 levels. As widely expected the RBA left its cash rate unchanged at record low 2% at its policy meeting this Tuesday. NZD/USD also remained strongly bid in Asia above 0.66 handle while the yen fought back control versus its American counterpart, sending USD/JPY below 123.00.
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