Economic Insights - RBA leaves cash rate on hold at record low

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The RBA has left the cash rate on hold at a record low of 2% in April. In its statement, the central bank said "Under present circumstances, an appreciating exchange rate could complicate the adjustment under way in the economy."
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CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise