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Australia's central bank ready to act on 'unprecedented' virus challenge

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Australia's central bank already viewed the spread of coronavirus as an "unprecedented" event at its policy meeting this month, and the worsening crisis has since prompted emergency liquidity injections and the promise of yet more easing.

[SYDNEY] Australia's central bank already viewed the spread of coronavirus as an "unprecedented" event at its policy meeting this month, and the worsening crisis has since prompted emergency liquidity injections and the promise of yet more easing.

Minutes of the March 3 meeting showed the...

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