Reserve Bank of Australia

The Reserve Bank of Australia (RBA) is Australia's central bank. It sets monetary policy, issues the Australian dollar, and supports financial system stability.

The RBA supports infrastructure such as the NPP and provides settlement services for banks. Official site: Reserve Bank of Australia.

Related Terms

Central Bank

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

AUD

Australian Dollar

AUD is the official currency of Australia and its territories. It's the fifth most traded currency i...

NPP

New Payments Platform

NPP is Australia's real-time account-to-account payments platform. It provides immediate clearing an...

Interest

Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...

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