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Sunday, October 30, 2011

RBA cuts interest rate to 4.5%

RBA cuts interest rate to 4.5% SYDNEY - Australia's central bank Tuesday cut interest rates to 4.5 per cent, the first time they have been lowered in over two years as inflation moderated. In its first rate cut since April 2009, The Reserve Bank of Australia lowered the rate by 25 ... RBA cuts interest rate to 4.5%

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