Reserve Bank Of Australia [RBA]« Back to Glossary Index
The Reserve Bank of Australia’s (RBA) main responsibility is monetary policy. Policy decisions are made by the Reserve Bank Board, with the objective of achieving low and stable inflation over the medium term.
The Reserve Bank of Australia is the institution responsible for managing Australian currency policies. The Reserve Bank was founded in 1911, but achieved its present form in 1960 when the bank« Back to Glossary Index