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Australia Surprises by keeping Rates on Hold

posted by Avatar eToro 99 days ago in AUD, Fundamental, Daily

Japanese Finance Minister Jun Azumi warned markets today over the strengthening of the nikkei. In a surprise move, the Reserve Bank of Australia kept rates on hold at 4.25%. Analysts were expecting the RBA to deliver a third round of rate cuts after it cut rates by 25 basis points in November and December. The RBA said that it was keeping rates on
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