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Australia’s bigger than expected rate hike sends currency higher

May 03, 2022 1:28 PM

SYDNEY (BLOOBERG) – Australia’s central bank increased interest-rates by more than economists anticipated and signaled further hikes to come, sending the currency and bond yields higher.

Source : https://www.straitstimes.com/business/economy/australias-bigger-than-expected-rate-hike-sends-currency-higher

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