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RBA winning more room to weaken currency

This is after lenders take steps to cool housing market; A$ remains 3.7% above 6-year low touched in April


THE Reserve Bank of Australia (RBA) is set to win more room to weaken its currency after lenders started doing their bit to cool the housing market.

Australia & New Zealand Banking Group Ltd (ANZ) said last week it will stop giving discounts on mortgage rates to...

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