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RBA Keeps OCR Unchanged, Trade Deficit Balloons In February

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of Australia kept the official cash rate at a record low 2% for a 10th consecutive meeting, but warned that the recent strong rise in the Australian Dollar could 'complicate' the economy's transition. Australia's Trade-Weighted Index recently hit the highest level in nine months, with the Aussie[​IMG]

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