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Market ticks up as RBA leaves rates on hold: Afternoon market insights

The Australian sharemarket made modest gains today after the Reserve Bank decided to leave interest rates on hold. At 2.40 pm, the ASX200 gained 0.45% to 4291.7, while the broader All Ordinaries index added 0.43% to 4311.2. The Australian dollar strengthened further today, buying $US1.05855.
Myriam Robin
Myriam Robin
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The Australian sharemarket made modest gains today after the Reserve Bank decided to leave interest rates on hold.

At 2.40 pm, the ASX200 gained 0.45% to 4291.7, while the broader All Ordinaries index added 0.43% to 4311.2.

The Australian dollar strengthened further today, buying $US1.05855.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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