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Date: March 2nd, 2010

RBA raises interest rates

2 March, 2010 (14:02) | Financing, economy | By: admin

Today the Reserve Bank of Australia (RBA) has increased the official cash rate by 0.25%pa.

The official cash rate remains at 4.00% p.a.
(this is the wholesale rate before bank margins)

For an article published by The Age this afternoon please click here