SYDNEY, May 3 (Reuters) - The Australian dollar AUD=D4 dropped more than 1 percent on Tuesday after the Reserve Bank of Australia (RBA) cut rates to a record low of 1.75 percent.
The Aussie fell to $0.7589 from around $0.7700 before the RBA.
SYDNEY, May 3 (Reuters) - The Australian dollar AUD=D4 dropped more than 1 percent on Tuesday after the Reserve Bank of Australia (RBA) cut rates to a record low of 1.75 percent.
The Aussie fell to $0.7589 from around $0.7700 before the RBA.