The RBA cut the official cash rate by 25 basis points at its final board meeting of the year.
$A falls on retail trade data
Published: 12:37:22 PM, Wed 06 February 2013 UTC
The Australian dollar fell more than a quarter of a US cent after the release of weaker-than-expected retail trade data.
At 1130 AEST on Tuesday, the Australian Bureau of Statistics (ABS) announced that retail trade fell 0.2 per cent in December.
The market had forecast an increase of 0.3 per cent in the month.
At 1129 AEST, the currency was at 103.97 US cents just before the data's release, but it fell to 103.70 cents at 1131 AEST.
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