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RBA Cash Rate Reduction December 2008

December 2, 2008 by admin

RBA Cash Rate Reduction December 2008 -

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to reduce the cash rate by a further 100 basis points, to 4.25 per cent, effective 3 December 2008.

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 [Finance Broker]

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