Published on FXDD (http://forex.fxdd.com)
RBA Raises Rates by 25 Basis Points
By Greg Michalowski
Created Nov 6 2007 - 5:31pm

The RBA raised rates by 25 basis points to 6.75% as expected. AUDUSD at 0.9285.  Comments are hawkish on inflation.  Few signs of growth slowing. Rise in exchange rates will help contain price pressures. 


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