Reserve Bank of Australia

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Reserve Bank of Australia (RBA)
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Current Rate: 0.25%
Last Change: Mar 18, 2020 (-25bp) | Next Meeting: Oct 05, 2020

About Reserve Bank of Australia

The Reserve Bank of Australia came into being on 14 January 1960 as Australia’s central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank to it. The Bank has the responsibility of providing services to the Government of Australia, which the profits of the Bank are transferred back to, in addition to also providing services to other central banks and official institutions.

Chairman: Philip Lowe

Highest Lowest
17.5% – Jan – 1990 0.25% – Mar 2020

Latest Reserve Bank of Australia

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Events Today

Curr   Prev Forc
GBP Prelim GDP q/q 0.5% 16.0%
GBP GDP m/m 1.0% -2.6%
GBP Manufacturing Production m/m 0.7% 0.7%
CAD Wholesale Sales m/m -1.6% 0.7%
USD Prelim UoM Consumer Sentiment 80.8 79.0