(Bloomberg) -- The Reserve Bank of Australia announces its interest-rate decision Tuesday, and a strengthening local currency makes it harder for policy makers to take a more hawkish stance in the accompanying statement. No change is expected to rates from the current record low of 1.5 percent when the decision is announced at 2:30 p.m. Sydney time.
To contact the reporters on this story: Jake Ulick in Hong Kong at julick@bloomberg.net, Michael Heath in Sydney at mheath1@bloomberg.net.
To contact the editors responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net, Nasreen Seria at nseria@bloomberg.net.
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