Growth

Expected hold on rates confirmed

by Staff Reporter•Wednesday, 5 Dec 2007•7 minute read

The RBA today announced that interest rates will remain unchanged at 6.75 per cent.

In a statement accompanying the RBA’s announcement, Governor Glenn Stevens said the decision to leave rates at 6.75 per cent was partly due to heightened uncertainty in the international economy and current local trends in wholesale borrowing costs.

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Expected hold on rates confirmed

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