Daily Market Updates: Australian Dollar softens against Japanese Yen as RBA lifts rate to 4.85% in fifth hike this year

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Australian Dollar softens against Japanese Yen as RBA lifts rate to 4.85% in fifth hike this year

Reported · Written up by our desk · Major Pairs

The AUD/JPY cross edges lower to around 110.20 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) attracts some sellers against the Japanese Yen (JPY) following the Reserve Bank of Australia (RBA) interest rate decision.

← Newer storyRBA interest rates: Reserve Bank hikes cash rate for fifth time this…Older story →Australia hikes rates to 18-year high to fight inflation

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FXStreetAustralian Dollar softens against Japanese Yen as RBA lifts rate to 4.85% in fifth hike this year

Forex

Australian Dollar softens against Japanese Yen as RBA lifts rate to 4.85% in fifth hike this year

More like this

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