Reserve Bank of Australia Leaves Cash Rate Unchanged at 1.5%
Sydney | 4th July 2017
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
” RBA leaves cash rate unchanged at 1.5% “
The outlook continues to be supported by the low level of interest rates. The depreciation of the exchange rate since 2013 has also assisted the economy in its transition following the mining investment boom. An appreciating exchange rate would complicate this adjustment.
Official Press Release by Reserve Bank of Australia
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