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4/6, 6:33 AM (Source: TeleTrader)
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RBA holds key interest rates

Reserve Bank of Australia (RBA) revealed on Tuesday it decided against adjusting its monetary policy setting in March.

The targets for the cash rate, as well as the three-year Australian Government Securities (AGS) bonds, will remain at 10 basis points, not changing when compared to last month's data.

"The rollout of vaccines is supporting the recovery of the global economy, although the recovery is uneven. While there are still considerable uncertainties regarding the outlook, the central case has improved," said RBA Governor Philip Lowe.

Breaking the News / NL