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Home : Billion Dollar Loan : 25 Billion Dollar Loan : MSN Newsfeeds : Australian Central Bank Adds A$1.21 Billion to Money System - Bloomberg

Australian Central Bank Adds A$1.21 Billion to Money System - Bloomberg

This article related to: 25 Billion Dollar Loan

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Oct. 8 (Bloomberg) -- Australia's central bank added A$1.21 billion ($856 million) to the financial system, seeking to ease funding costs as banks hoard cash because of the global credit squeeze. The Reserve Bank of Australia added funds through so ...
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