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Reserve Bank of Australia

Discussion in 'Investing Glossary' started by Glossary, 28th Sep, 2006.

  1. Glossary

    Glossary Active Member

    Joined:
    12th Sep, 2006
    Posts:
    25
    Definition:

    Australia's central bank. The Reserve Bank sets monetary policy and thus the cash rate which mortgage interest rates are based on.

    Also known as:
    • Reserve Bank
    • RBA
    • "The Reserve"