Search: billion
RBA Glossary definition for billion
billion – One thousand million.
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China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
value of the currency’, the exchange rate had depreciated by around 50 per cent (foreign exchange reserves stood at just US$20 billion), credit growth had expanded at a 45 per cent
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
The PBC's Objectives and Operational Framework
9 Dec 2019
RDP
2019-11
value of the currency’, the exchange rate had depreciated by around 50 per cent (foreign exchange reserves stood at just US$20 billion), credit growth had expanded at a 45 per cent
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-pbcs-objectives-and-operational-framework.html