Australia hikes rates to 18-year high to fight inflation
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New Delhi: Prime Minister Narendra Modi with Minister for Foreign Affairs, Australia, Julie Bishop in New Delhi on Tuesday. PTI Photo / PIB (PTI7_18_2017_000225B)
Australia hikes rates to 18-year high to fight inflation
The Reserve Bank of Australia’s decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.
This article was created based on information from various sources and rewritten for clarity and originality.
