The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, amid rising speculations that the Reserve Bank of Australia or the RBA will raise interest rates next week.
In reality, despite worries about a possible war-related spike in inflation, RBA Deputy Governor Andrew Hauser stated on Tuesday that there will be a serious discussion about whether or not to hike interest rates when the central bank meets next week.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com