Australian dollar soars over central bank’s new decision

Global Business

The Australian Central Bank did not cut interest rates as expected on Tuesday. The rate remains at a record 2.5 percent. The news sent the Australian dollar surging. CCTV’s Greg Navarro filed this report from Sydney.

Australian dollar soars over central bank\'s new decision

Australian dollar soars over central bank\'s new decision

The Australian Central Bank did not cut interest rates as expected on Tuesday. The rate remains at a record 2.5 percent. The news sent the Australian dollar surging. CCTV's Greg Navarro filed this report from Sydney.