ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Australia holds rate as currency drop offers export support
Bloomberg Australia left its key interest rate unchanged at a record low on Tuesday as the currency’s recent decline aids the economy by offering exporters some insulation against global trade ructions. Reserve Bank Governor Philip Lowe kept the cash rate at 1.5 percent, as expected by all economists and where it’s stood since August 2016. The Australian dollar this week …
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