India, Aug. 11 -- The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday and signaled rate hike if upside risks to inflation materialize.
At the two-day rate setting meeting, the policy board, governed by Michele Bullock, unanimously decided to hold the cash rate target at 4.35 percent.
Markets widely anticipated the bank to hold the policy rate after inflation slowed more than expected on lower fuel prices.
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