{
  "id": 10614491,
  "title": "Australian Dollar gains as RBA hikes interest rates by 25 bps to 4.6%",
  "url": "https://urgent.news/2026/09/29/australian-dollar-gains-as-rba-hikes-interest-rates-by-25-bps-to-4-6",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T04:36:24.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/australian-dollar-gains-as-rba-hikes-interest-rates-by-25-bps-to-46-202609290436"
  },
  "original_language": "en",
  "account": "The Australian Dollar (AUD) gained strength after the Reserve Bank of Australia (RBA) increased its official interest rate by 25 basis points to 4.60%. This decision marks the fourth consecutive quarter-point hike by the Australian central bank this year. The RBA Governor, Michele Bullock, stated that inflation risks are materializing from the Middle East and domestic excess demand, alongside the impact of AI-driven demand. Despite expectations of further rate hikes, investors are now awaiting her remarks on whether additional interest rate increases will occur later in the year. Analysts at ING believe that the RBA is likely to continue tightening monetary conditions, citing sustained inflation concerns, a tight labor market, and stronger-than-expected economic growth. The AUD showed significant gains against major currencies, including a 0.25% increase against the Japanese Yen, reaching near 110.70. The RBA's decision is expected to support the Australian Dollar, as higher interest rates tend to attract more global investment, boosting demand for the local currency and strengthening its value.",
  "summary": "The Australian Dollar (AUD) attracts significant bids against its major currency peers after the Reserve Bank of Australia’s (RBA) monetary policy announcement. Against the Japanese Yen (JPY), the antipodean has jumped 0.25% to near 110.70.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar consolidates above 0.7000 vs USD as bears await RBA rate decision",
        "url": "https://urgent.news/2026/09/29/australian-dollar-consolidates-above-0-7000-vs-usd-as-bears-await-rba",
        "published": "2026-09-29T02:23:23.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian currencies mixed as dollar holds two-month high, RBA decision looms",
        "url": "https://urgent.news/2026/09/29/asian-currencies-mixed-as-dollar-holds-two-month-high-rba-decision",
        "published": "2026-09-29T03:07:26.000Z"
      },
      {
        "outlet": "The Guardian Australia",
        "title": "RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6% – video",
        "url": "https://urgent.news/2026/09/29/rba-interest-rates-governor-michele-bullock-explains-decision-to-lift",
        "published": "2026-09-29T06:45:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}