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What investors learnt from the RBA’s rate decision today – Motley Fool Australia

The Australian dollar jumped after the Reserve Bank of Australia (RBA) unveiled its latest interest rate decision.

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The Australian dollar jumped after the Reserve Bank of Australia (RBA) unveiled its latest interest rate decision.
The decision by our central bankers to keep the official cash rate steady at a record low of 0.25% didn’t surprise anyone. ASX investors hardly battered an eyelid with the S&P/ASX 200 Index (Index:^AXJO) largely unmoved by the news.
The same can’t be said for the Aussie. It shot up from US71.9 cents before the RBA’s 2.30pm announcement to a two-week high of US72.1 cents.
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