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The Australian Central Bank remains observant as the Australian dollar continues its rapid decline.
Exchange Rate Movement: After the announcement by the RBA, there was a minor increase in the AUD/USD exchange rate, climbing from 0.7450 to 0.7485 in just 4 hours. This indicates that even if the market had largely predicted the outcome, the Australian dollar saw a modest rise against the U.S. […]
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The Australian Central Bank remains observant as the Australian dollar continues its rapid decline.
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