Australian Monetary Policy Makers, led by the governor of the Reserve bank of Australia Mr. Glenn Stevens, kept the interest rate unchanged at 4.75% during the month of August to meet analysts' expectations, while the Bank sees the global financial market conditions unsettled this period.

Moreover, the Reserve Bank of Australia noted that interest rates decision is a prudent decision at this time amid the fears that dominate the market, while the investment sector is picking up which is a positive phase to push the economy to return once again to the normal levels.

The Australian dollar improved after the RBA decision which inclined against the US dollar.