India, June 15 -- The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent.
The Bank of Japan will also conclude its monetary policy meeting and announce its decision on rates; the BoJ is expected to hike its benchmark lending rate by 25 basis points, to 1.00 percent from 0.75 percent.
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