BR100 Increased By (0.34%)
BR30 Increased By (0.13%)
KSE100 Increased By (0.14%)
KSE30 Increased By (0%)
BECO 5.87 Decreased By ▼ -0.16 (-2.65%)
BML 57.65 Increased By ▲ 4.90 (9.29%)
BOP 33.98 Decreased By ▼ -0.27 (-0.79%)
CNERGY 8.18 Increased By ▲ 0.02 (0.25%)
DCL 11.80 Decreased By ▼ -0.54 (-4.38%)
FCCL 53.87 Decreased By ▼ -0.02 (-0.04%)
FCSC 5.35 Increased By ▲ 0.13 (2.49%)
FFL 17.95 Decreased By ▼ -0.08 (-0.44%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.30 Increased By ▲ 0.30 (2.73%)
KEL 8.11 No Change ▼ 0.00 (0%)
KOSM 5.48 Increased By ▲ 0.10 (1.86%)
MLCF 88.22 Increased By ▲ 0.17 (0.19%)
NBP 185.90 Decreased By ▼ -0.58 (-0.31%)
PACE 11.53 Increased By ▲ 0.81 (7.56%)
PAEL 40.51 Increased By ▲ 0.57 (1.43%)
PIAHCLA 26.25 Increased By ▲ 0.08 (0.31%)
PIBTL 17.33 Increased By ▲ 0.01 (0.06%)
PPL 231.99 Decreased By ▼ -0.79 (-0.34%)
PRL 34.70 Decreased By ▼ -0.25 (-0.72%)
PTC 67.30 Decreased By ▼ -0.26 (-0.38%)
SEARL 91.72 Increased By ▲ 0.79 (0.87%)
SSGC 27.00 Decreased By ▼ -0.17 (-0.63%)
TELE 8.58 Increased By ▲ 0.01 (0.12%)
THCCL 64.50 Increased By ▲ 4.37 (7.27%)
TPLP 9.40 Increased By ▲ 0.64 (7.31%)
TREET 24.56 Increased By ▲ 0.02 (0.08%)
TRG 71.94 Increased By ▲ 0.19 (0.26%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)

imageSYDNEY: The Australian dollar rallied on Tuesday after the Reserve Bank of Australia dropped its easing bias in the first policy review of the year, encouraging markets to increase the chance of an interest rate hike.

The Aussie jumped half a cent to $0.8830, after the central bank kept rates unchanged at a record low of 2.5 percent. It was up 0.9 percent on the day.

Comments

Comments are closed for this article.