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Australia's central bank boosts liquidity as virus panic hits markets
Australia's central bank injected an unusually large amount of cash into the financial system on Friday as panic selling across global markets driven by the coronavirus threatened to drain liquidity and push up borrowing costs.
PHOTO: REUTERS
[SYDNEY] Australia's central bank injected an unusually large amount of cash into the financial system on Friday as panic selling across global markets driven by the coronavirus threatened to drain liquidity and push up borrowing costs.
In its daily money market operation the Reserve Bank...
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