Home Breaking: Aussie hits fresh 3-week tops even as Reserve Bank of Australia cuts rates to 1.25%

Breaking: Aussie hits fresh 3-week tops even as Reserve Bank of Australia cuts rates to 1.25%

Updated: 4 Jun. 2019 | 06:37

The Reserve Bank of Australia (RBA), at its June monetary policy meeting held this Tuesday, reduced its official cash rate (OCR) by 0.25bps to a record low of 1.25 percent, the first rate cut after thirtieth straight meeting.

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