Reserve Bank Of Australia
The Reserve Bank Of Australia (RBA) is the central bank of Australia. The role of central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.
Interest rates, inflation, and exchange rates are all intrinsically linked. When the RBA manipulates interest rates this impacts both the inflation in Australia and also the relative value of the Australian dollar compared to other currencies.
Key RBA Interest Rate Decisions
The RBA last raised the benchmark interest rate (for the sixth month in a row) by a less than expected quarter of a percent in October to 2.60%, with more increases expected by the market.
Read our guide to the Relationship between Interest Rates and Currencies.
Exchange rates published by Central Banks such as the Reserve Bank of Australia are the latest interbank mid-market exchange rates, here are some of the most popular AUD exchange rates:
Australian dollar to US dollar
US dollar to Australian dollar
Australian dollar to Euro
Australian dollar to Singapore dollar
Australian dollar to New Zealand dollar
Australian dollar to Indian rupee
Pound Sterling to Australian dollar
Australian dollar to Japanese yen
Australian dollar to Indonesian rupiah
Pound Sterling to US dollar
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