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It is the first increase in official interest rates since November 2010 and the first intervention by the bank during an election campaign since 2007.
The Reserve Bank of Australia (RBA) has raised the cash rate for the first time in over a ...
The S&P/ASX 200’s decline accelerated following the RBA’s unexpected decision to lift the cash rate by a quarter percentage point to 0.35 per cent.
Pound Australian Dollar Exchange Rate News: GBP/AUD Tumbles after RBA Raises Interest Rates for First Time in Over a Decade | Currency News UK