Australia's central bank holds cash rate at 0.25%

Credit: REUTERS/JASON REED

August 04, 2020 — 12:30 am EDT

Written by Wayne Cole for Reuters ->

SYDNEY, Aug 4 (Reuters) - Australia's central bank left its cash rate at a record low of 0.25% on Tuesday, a widely expected decision as it has ruled out further easing for the moment amid much economic uncertainty.

The Reserve Bank of Australia (RBA) made the announcement following its monthly meeting. A Reuters poll of 16 analysts had found all expected a steady outcome this week. AU/INT

(Reporting by Wayne Cole; Editing by Shri Navaratnam)

((Wayne.Cole@thomsonreuters.com)(612 9373 1813)(Reuters Messaging: wayne.cole.thomsonreuters.com@reuters.net))

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