Heraldsun : THE dollar was higher at noon, after dipping briefly on concerns the central bank has softened its outlook for domestic interest rates.
At 12pm AEST yesterday, the dollar was trading at 106.33 US cents, up from from 106.00 US cents at close yesterday.
Since 5pm AEST yesterday, the local unit traded between 106.02 US cents and 106.51 US cents, according to IRESS data.
The Reserve Bank of Australia's (RBA) July board meeting minutes, published today, show the central bank felt it "prudent" to spend more time assessing economic data for the "likely strength of inflationary pressures in Australia".
The board left the cash rate unchanged at 4.75 per cent in July.
