Australia keeps interest rate at 2pc

Australia's central bank Tuesday held interest rates at a record-low of 2.0 percent as it kept the possibility of further easing on the table and dropped calls for a weaker exchange rate.

The Reserve Bank of Australia said it would continue to monitor data over the next few months, adding that leaving the cash rate unchanged "was appropriate" for this month.

The central bank has slashed rates by 250 basis points since November 2011, with the latest 25 basis points cuts coming in February and May, as the economy adjusts to a shift away from an unprecedented boom in mining investment.