The Reserve Bank of Australia has increased interest rates by 0.25% basis points

The Reserve Bank of Australia raised the cash rate by 25 basis points to 4.35%, marking the first rate increase since June and reaching its highest level since November 2011, in line with the market consensus

Reserve Bank of Australia: Council determined to bring inflation to target, Wage growth has accelerated over the past year but remains in line with the inflation target, provided productivity growth accelerates. To date, medium-term inflation expectations remain in line with the inflation target and maintaining this situation is important.

Australian dollar AUD/USD increased more than 10 points in the short term and then fell again, currently at 0.6483.