Board of reserve bank of australia

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Problem:

Did the Board of the Reserve Bank of Australia increase the cash rate on May 4, 2010? If it did, what was the increase? State the official cash rate announced on May 4, 2010, and give reason why the cash rate was increased or left unchanged.

Additional Information:

This question basically belongs to Finance as well as it discusses about Board of Reserve Bank of Australia increasing cash rate in May, 2010.

Reference no: EM13825854

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