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smi24.net
World News in Dutch
Август
2016

Australia cuts key interest rate to record-low 1.5 percent

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SYDNEY — Australia’s central bank cut its benchmark interest rate to a record-low 1.5 percent on Tuesday, in a bid to jolt the nation’s sluggish economy amid low inflation rates. The Reserve Bank of Australia cut the cash rate by a quarter percentage point from its previous low of 1.75 percent. The board last cut














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