Markets predict a 54 per cent chance the RBA will lower borrowing costs by a quarter of a percentage point next month, down from 65 per cent on Monday. Photo: Bloomberg Markets predict a 54 per cent chance the RBA will lower borrowing costs by a quarter of a percentage point next month, down from 65 per cent on Monday. Photo: Bloomberg
Markets predict a 54 per cent chance the RBA will lower borrowing costs by a quarter of a percentage point next month, down from 65 per cent on Monday. Photo: Bloomberg
Business /  Banking & Finance

Australia's central bank notes weakening of currency in minutes

Minutes of Reserve Bank of Australia's policy-setting meeting show members saying current level of rates is appropriate given past cuts

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Updated: 6:00am, 17 Jul, 2013

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Markets predict a 54 per cent chance the RBA will lower borrowing costs by a quarter of a percentage point next month, down from 65 per cent on Monday. Photo: Bloomberg Markets predict a 54 per cent chance the RBA will lower borrowing costs by a quarter of a percentage point next month, down from 65 per cent on Monday. Photo: Bloomberg
Markets predict a 54 per cent chance the RBA will lower borrowing costs by a quarter of a percentage point next month, down from 65 per cent on Monday. Photo: Bloomberg
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