Media Selangor

Australia lifts cash rate to 2.85 pct amid 32-year-high inflation

SYDNEY, Nov 1 — Australia's central bank announced on Tuesday a back-to-back interest rate hike for seven months in a row, by 25 basis points to 2.85 per cent in a bid to rein in the country's 'too high' inflation, reported Xinhua.

Editor Selangor Journal

1 Nov 2022

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

Media Selangor Sdn. Bhd.

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