Trading Room home page

RBA leaves cash rate on hold

Market watch top headlines

Australian reports

World reports

Stocks to watch

ALZ, API, BHP, BRL, BSL, FMG, ILU, TPM, YAL,

SYDNEY, Feb 5 AAP

February 05 2013, 2:30PM

The Reserve Bank of Australia (RBA) has left the cash rate on hold at 3.00 per cent at its first board meeting for 2013.

The decision to keep the cash rate unchanged was expected by most economists.

The RBA cut the cash rate four times between May and December in 2012, reducing the rate by 1.25 percentage points.