Reserve Bank of Australia Holds Rate Steady, Downgrades 2011 Forecast

Lisa Levin , Benzinga Staff Writer

July 05, 2011 5:52am Comments

The Reserve Bank of Australia board left its key interest rate on hold and trimmed its growth forecast for 2011.

The Reserve Bank of Australia board kept its key cash rate at 4.75%, as expected.

Posted-In: Reserve Bank of Australia News Global Markets

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