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AUD/USD: minutes of July meeting of RBA have been published on 16.06.2015

The Reserve Bank of Australia has reiterated that the decline in the Australian dollar is essential and if the need comes, the Bank is ready to lower interest rates once again. The market’s reaction to the probability of the further softening of the monetary policy was not very strong. The Australian dollar has not become much cheaper, or at least, its level has not met expectations of the bank officials.

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