Feedback Form
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

RBA First to Hike

posted by Avatar fx360 963 days ago in Technical, Daily made popular 963 days ago

In a surprise to the currency market the RBA decided to raise its overnight cash rate by 25 basis points from 3.00% to 3.25% becoming the first G-20 central bank to tighten monetary policy since the start of global economic recession. In its statement the RBA noted, “The global economy is resuming growth. With economic policy settings likely
Log in to comment or register here.