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Reserve bank cuts interest rate to 0.75 percent

The Reserve Bank of Australia has cut the cash rate to a fresh record low of .75 per cent.

Logos of the four big banks
A composite image of signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB)Image/Joel Carrett) Source: AAP

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By SBS Nepali

Source: SBS

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