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The Reserve Bank of Australia keeps its benchmark cash rate at 4.75% and maintains current...

Sep. 06, 2011 9:41 AM ETEWA, FXABy: Clark Schultz, SA News Editor
The Reserve Bank of Australia keeps its benchmark cash rate at 4.75% and maintains current monetary policy. After taking a look at the global scene, the Aussie central bank notes, "uncertainty and financial volatility is reducing confidence and may result in more cautious behavior by firms and households in major countries.

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