Exchange Settlement balances News

Australia's Central Bank Stands Firm on Restrictive Monetary Policy

The Reserve Bank of Australia maintains a restrictive monetary policy to manage inflation, with a cautious approach to future data before considering policy relaxation.

Australia's Central Bank Maintains Steady Rates Amid Softened Stance

The Reserve Bank of Australia (RBA) decided to keep rates steady, maintaining the cash rate at 4.35% and the interest rate on Exchange Settlement balances at 4.25%. The RBA's polic...