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Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

Australian dollar sinks after RBA hike
The Australian dollar has declined sharply and is back below the symbolic 0.7000 level. AUD/USD is trading at 0.6931, down 1.35% on the day. RBA raises rates by 50bp The Reserve Bank of Australia raised interest rates by 50bp today.
02-08-2022 03:47 GMT by Kenneth Fisher
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Aussie higher ahead of RBA decision
The Australian dollar has posted strong gains today. In the North American session, AUD/USD is trading at 0.7036, up 0.67% on the day. RBA expected to hike by 50 bp The Reserve Bank of Australia meets on Tuesday and is expected to deliver a third straight hike of 0.50%.
01-08-2022 09:37 GMT by Kenneth Fisher
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