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Australia Central Bank Keeps Rate Unchanged

Por: RTTNews Business September 05, 2023

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Australia's central bank left its benchmark interest rate unchanged for the third straight meeting on Tuesday. The policy board of the Reserve Bank of Australia, led by Governor Philip Lowe, decided to hold the cash rate target at 4.10 percent. The interest rate paid on Exchange Settlement balances was kept unchanged at 4.00 percent.The RBA has raised the key rate by 4 percentage points since May last year. The board observed that the... + full article



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