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RBA holds interest rate at 2.75%

5 Jun 2013 Christies Beach 0 Comment

At its meeting yesterday the Reserve Bank of Australia Board has decided to keep the cash rate on hold at 2.75%.

In the associated statement, Governor Glenn Stevens said the board judged that the easier financial conditions now in place will contribute to a strengthening of growth over time, consistent with achieving the inflation target.

To view the full statement, simply click here.

 

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