$A nudges higher after rates left on hold

4 Sep 2012, 2:39 pm   -   Source: AAP

The Australian dollar rose slightly to 102.54 US cents after the RBA left the cash rate on hold at its September board meeting.

The Australian dollar rose slightly after the central bank left the cash rate on hold at its September board meeting.

The Reserve Bank of Australia left the cash rate at 3.5 per cent, the third consecutive month it has kept the rate on hold.

The Australian dollar was trading at 102.44 US cents at 1429 AEST, just before the decision was announced, and rose to be at 102.56 US cents at 1437 AEST.

The currency finished Monday's local session at 102.58 US cents.

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