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The Reserve Bank of Australia announced the fifth rate hike this year on the 3rd, raising the benchmark interest rate by 25 basis points to 4.85%. The interest rate has risen to the highest level since November 2008.

Zhitongcaijing·11/03/2026 11:49:24
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The Reserve Bank of Australia announced the fifth rate hike this year on the 3rd, raising the benchmark interest rate by 25 basis points to 4.85%. The interest rate has risen to the highest level since November 2008.