The Australian dollar rose further against the other major currencies in the late Asian session on Tuesday after the Reserve Bank of Australia maintained its key interest rate at a record low, as widely expected by economists.

The policy board governed by Glenn Stevens decided to leave the cash rate at 2.00 percent. The bank lowered the rates by 25 basis points each in February and May.

The Australian dollar rose to a 2-month high of 0.9668 against the Canadian dollar, from an early low of 0.9562.

Against the yen, the euro and the NZ dollar, the aussie advanced to near 2-week highs of 91.08, 1.4890 and 1.1193 from early lows of 90.04, 1.5066 and 1.1066, respectively.

The aussie climbed to a 4-day high of 0.7346 against the U.S. dollar, from an early low of 0.7262.

If the aussie extends its uptrend, it is likely to find resistance around 0.97 against the loonie, 93.00 against the yen, 1.46 against the euro, 1.13 against the kiwi and 0.75 against the greenback.

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