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Australian dollar steady as RBA holds rates, leaves door open to hikes

SYDNEY: The Australian dollar barely budged on Tuesday after the country’s central bank held interest rates steady and reiterated it would hike again if necessary, leaving markets divided on the chance of a further move. Wrapping up its August board meeting, the Reserve Bank of Australia held its cash rate at 4.35%, having already hiked it three times since February in an effort to contain…

Australian dollar steady as RBA holds rates, leaves door open to hikes

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