Search: Nominal interest rate
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RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
Search Results
The Australian Experience
1 Jul 1990
RDP
9002
The second period of domestic interest rates above world interest rates began in 1981/82 and corresponded to a period of nominal exchange rate depreciation against the U.S. ... The fall in interest rates during 1987 corresponds to a period of nominal
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html
Interpreting the Australian Experience
1 Jul 1990
RDP
9002
if domestic short-term nominal interest rates are above equivalent world interest rates, this reflects an expectation of depreciation of the nominal exchange rate). ... rate and a rise in nominal interest rates, both of which worsen the distortion.
https://www.rba.gov.au/publications/rdp/1990/9002/interpreting-the-australian-experience.html
An Accounting Framework
1 Jul 1990
RDP
9002
foreign interest rate on external debt;. BP. = net government debt held by the domestic private sector;. ... In particular, if the nominal growth rate of the economy is greater than the interest rate on the debt (adjusted for exchange rate changes), the
https://www.rba.gov.au/publications/rdp/1990/9002/an-accounting-framework.html