THE central bank has today left official interest rates on hold at 7.25 per cent after its monthly board meeting as economic growth slows here and abroad, taking pressure off inflation
THE sharemarket closed marginally higher today as investors bided time while the board of the Reserve Bank of Australia decided to keep official interest rates steady
THE Australian dollar finished weaker today to fall below $US0.9100 following the central bank`s decision to leave official interest rates on hold and as speculation of a rate cut by the end of 2008 gathered momentum