Reserve Bank of Australia

Bank in the City of Sydney, Australia

About

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Organization
The Reserve Bank of Australia is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
Reserve Bank of Australia
Definition
The Reserve Bank of Australia is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
Reserve Bank of Australia
Reserve Bank of Australia
The Reserve Bank of Australia is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.

Pronunciation

English

Reserve Bank of Australia

Reserve Bank of Australia
SpellingReserve Bank of Australia
Pronunciation[Reserve Bank of Australia]

RBA

RBA
SpellingRBA
Pronunciation[RBA]

Mentions

Faced with a slowing economy, the Reserve Bank of Australia reduced rates thrice last year, bringing the cash rate to a record low of 0.75%. The central bank is expected to keep the rate on hold on Tuesday, according to a Reuters poll.

Faced with a slowing economy, the Reserve Bank of Australia reduced rates thrice last year, bringing the cash rate to a record low of 0.75%. The central bank is expected to keep the rate on hold on Tuesday, according to a Reuters poll.

Reserve Bank of Australia governor Philip Lowe delivered a speech today, giving the impression that Australia's bush fires and the coronavirus crisis were just a temporary blip on economic growth, a day after leaving his cash rate unchanged.

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See also

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