RBA

RBA

Monetary Policy Decision

Statement by the Reserve Bank Board: At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.

The Reserve Bank of Australia (RBA) has announced its decision to maintain the current cash rate target and interest rate paid on Exchange Settlement balances. This decision comes after a meeting by the Reserve Bank Board to discuss monetary policy.