Australia`s central bank keeps rates at 2.5%
The Reserve Bank of Australia said it was prudent to maintain a "period of stability in interest rates" to support demand and growth in the economy as it shifts away from a dependence on mining.
Sep 02, 2014, 11:32 AM ISTAustralian interest rates on hold at 2.5%
The Reserve Bank of Australia flagged "a period of stability" in the cash rate as it cautioned that economic growth would likely be "a little below trend" in the year ahead.
Aug 05, 2014, 12:42 PM IST