The RBA says the Australian Securities and Investments Commission (ASIC) is to investigate the sharp moves in the Australian dollar in the seconds leading up to the 2.30pm announcement yesterday

I referred to the move here and here: Australian dollar, rates mkts both VERY active in seconds leading up to RBA announcement

  • The RBA has confirmed an investigation is underway

  • ASIC is 'looking into it'

  • RBA confirms the policy decision was published precisely at 2.30pm

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The local press carrying the story now:

"The Reserve Bank has verified that the monetary policy decision was published at exactly 2.30 pm and according to the appropriate procedures. ASIC has been made aware of the matter and is looking into it," a spokesperson for the Bank said.