OANDA Group
CFXS
Newsletter
Open hamburger menu

Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

AUD calm ahead of RBA decision
The Australian dollar has posted slight gains at the start of the week, as AUD/USD trades just above the 0.75 level. Looking back at March, it was an excellent month for the Australian dollar. The currency rose 3.02%, its best month since October 2021.
04-04-2022 08:51 GMT by Kenneth Fisher
Australian-dollar-focus.jpg
Aussie steady as RBA holds pat
As expected, the RBA maintained its cash rate at a record low 0.10% earlier on Tuesday. In the rate statement, Governor Philip Lowe said that the global economy continued to improve, but noted that the war in Ukraine was "a major new source of uncertainty".  Lowe warned that inflation would continue to rise and that the RBA was projecting inflation to hit 3.25% in the coming quarters.  This is significant because it indicates that the central bank expects inflation to rise above the bank's 2-3%
01-03-2022 06:39 GMT by Kenneth Fisher
australian-dollar-aussie-flag-3d.jpg
1 … 10 11