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Aussie Rises Following RBA Rate Decision

09:03, 4th December 2012

(RTTNews) - As widely expected, the Reserve Bank of Australia slashed interest rates by 25 basis points to 3.00 percent in the Asian session on Tuesday at 10:30 pm ET. Following the announcement, the aussie climbed against other major currencies.

The aussie is now worth 1.0451 against the greenback, 85.81 against the yen, 1.2726 against the NZ dollar and 1.2499 against the euro.

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