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Economy And The Numbers

Australia Rate Decision On Tap For Tuesday

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Reserve Bank of Australia will wrap up its monetary policy on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 25 basis points, to 4.10 percent from 3.85 percent.

Singapore will release February figures for non-oil domestic exports; in January, NODX was up 0.7 percent on month and 9.3 percent on year.

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