Australia's central bank keeps cash rate unchanged at 4.35 pct

SYDNEY, Sept. 24 (Xinhua) -- Australia's central bank left the cash rate target on hold at 4.35 percent on Tuesday, saying the country's inflation remains above target and is proving persistent.

The board of the Reserve Bank of Australia (RBA) said in a statement that it decided to leave the cash rate target unchanged at 4.35 percent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 pe