Australian interest rates 'unlikely to change soon'

Help

In Australia the central bank kept interest rates unchanged on Tuesday, despite calls for rate cuts from industry and business groups worried that the strength of the Australian dollar is hitting exports.

The current borrowing cost set by the Reserve Bank of Australia sits at 3.5%.

Constant demand for its commodities has given a boost to the Australian dollar, which is now at near record highs against the US dollar, the euro and the British pound.

The BBC's Duncan Kennedy has more from Sydney.

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.