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Companies & Markets

Australia's central bank holds cash rate at 0.75%

Published Tue, Nov 5, 2019 · 03:49 AM
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[SYDNEY] Australia's central bank left its cash rate at 0.75 per cent on Tuesday, a widely expected decision as it gauges the impact of the three cuts already delivered since June.

The Reserve Bank of Australia (RBA) made the announcement following its monthly meeting. A Reuters poll of 37 analysts had found 35 expected no move in rates this week.

REUTERS

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