Roundup: Australia's central bank keeps cash rate on hold

SYDNEY, Sept. 24 (Xinhua) -- Australia's central bank on Tuesday kept the country's cash rate on hold for the seventh consecutive meeting, even as some other major economies have started to loosen monetary policy to stimulate economic growth.

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, where it has been since Novemb