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Home | Australia leaves rates at 4.75%

Australia leaves rates at 4.75%

  • September 06, 2011
  • The Reserve Bank of Australia has decided to leave the nation’s interest rate unchanged at 4.75%. In a statement Governor Glenn Stevens reported that the global economic outlook had become more uncertain than earlier in the year, largely due to the unresolved eurozone sovereign debt crisis and a weak performance from the United States. However, [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/09/06/australia-leaves-rates-at-4-75/
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