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Australia Maintains Status Quo at a record low 0.25 percent

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by , 05-05-2020 at 10:19 AM (187 Views)
      
   
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Australia's central bank maintained its interest rate and the target yield on three-year government bonds as economy experiences severe downturn after measures taken to stem the spread of coronavirus, or Covid-19. At the monetary policy meeting on Tuesday, the Reserve Bank of Australia board kept its interest rate at a record low 0.25 percent.

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