RBA cut its cash rate to 3.25%

Note: This section contains information in English only.
Source: Nasdaq
The Reserve Bank of Australia unexpectedly cut its benchmark rate for the first time since June at its October policy meeting, stating a decline in commodity prices and signs that the nation's mining investment boom fades as the main reasons. The RBA has decided to cut the interest rate by 25 basis points or 0.25% to 3.25%, the level last seen in October 2009. 

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