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The Finance Insider

Wednesday, June 8, 2016

The Reserve Bank of India also kept its key lending rate unchanged - at 6.5% - stating it would monitor economic developments for any further actions.Australia's Central Bank held its powder dry overnight as the nation's robust Q1 report card curbed the need for additional monetary stimulus. The RBA left its benchmark cash rate unchanged a month after it unveiled a 25 basis point cut, which took rates to their current record low of 1.75%.

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