SYDNEY, April 7 (Reuters) - National Australia Bank (NAB.AX) will leave its standard variable mortgage rates unchanged after the central bank cut official rates, it said on Tuesday.
NAB said higher funding costs were behind the decision.
Earlier Commonwealth Bank of Australia (CBA.AX) said it would cut its rates by 0.1 percent. The central bank cut by 0.25 percent.
Bye For NowIMS Foreign Exchange
Foreign Exchange Trading
Forex Trading Reports - Click for a free trial
Buying Euros? Buy Euros at the best euro Rates!
Buying Dollars? Buy US Dollars at the Best Dollar Rates!
Buying Australian Dollars? Buy Australian Dollars at the Best Australian Dollar Rates!
Contact IMS Foreign Exchange
+ 44 207 183 2790
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment