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Reuters
Reuters
Business

Asset valuations justified if interest rates stay at current lows - RBA

SYDNEY (Reuters) - Current asset valuations are justified only if interest rates and bond prices stay low, Reserve Bank of Australia Assistant Governor Luci Ellis said on Friday.

When asked if there is an asset bubble forming, Ellis said she did not know.

Ellis was speaking at an infrastructure industry event in Sydney.

(Reporting by Tom Westbrook and Swati Pandey; Editing by Richard Borsuk)

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