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RBA chief talks down A$, questions benefits of rate cuts

Thursday, April 23, 2015 - 05:50

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Mr Stevens had said that he would "be a bit surprised actually" if the currency doesn't decline from current levels.

Sydney

AUSTRALIAN central bank chief Glenn Stevens is again talking down the nation's currency as he questions the benefits of cutting borrowing costs further.

The Reserve Bank of Australia (RBA) governor killed off a rally that had taken the Aussie to a two-week high when he told

sentifi.com

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