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Article: BRIEFING - ASIA BANKING - JULY 21, 2009.
- Article from:
- AsiaPulse News
- Article date:
- July 21, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on banking for July 21, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
MINUTES HINT AUSTRALIAN CENTRAL BANK HAS FINISHED CUTTING RATES
SYDNEY - The Reserve Bank of Australia (RBA) may have reached the end of its current interest rate cutting cycle as domestic and global economies begin to show improvement, economists say.
But the prospect of higher inflation may prompt the central bank to hike rates for the first time since March 2008 in early 2010.
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