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Tuesday, December 1, 2009

RBA Raises Rates Again

For the third time in three months, the Reserve Bank of Australia raising its key interest rate (this time to 3.75%).

On 6-October I explained why this was a good opertunity to get into FXA...

From October 6th till today FXA is up over 5.5%
That 5.5% is just the FXA value, and does not include the two distributions/dividends that have also been paid out in that time.

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