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RBA leaves the cash rate unchanged


The Reserve Bank has left the cash rate at 2% at its November meeting. In a statement on their website, governor Glenn Stevens noted:

At today’s meeting the Board judged that the prospects for an improvement in economic conditions had firmed a little over recent months and that leaving the cash rate unchanged was appropriate at this meeting.”

For more information, please see the full monetary policy statement:

http://www.rba.gov.au/media-releases/2015/mr-15-20.html

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