CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Australian interest rates on hold at 2.5pc

Published: 05 Aug 2014 - 11:22 pm | Last Updated: 22 Jan 2022 - 04:18 am

A woman walks past a store in Sydney’s central business district yesterday as Australia’s central bank held interest rates at a record low of 2.5 percent, marking a year since it last loosened monetary policy as it sought to boost non-mining growth.