Australian central bank hikes interest rate for first time in over decade

SYDNEY: After dropping interest rates down to historic low levels during the pandemic, the Reserve Bank of Australia (RBA) has hiked interest rates by 0.25 to 0.35 per cent, the first rise since 2010, in an effort to calm growing inflation. RBA Governor Philip Lowe said that it was now “the right time” to withdraw […]

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Argentina's central bank hikes interest rate to 118 pct

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Argentina's central bank hikes interest rate to 118 pct

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Australian central bank decides rate hike in years

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