Search: central bank
RBA Glossary definition for central bank
central bank – A non-commercial bank, which may or may not be independent of government, which has some or all of the following functions: conduct monetary policy; oversee the stability of the financial system; issue currency notes; act as banker to the government; supervise financial institutions and regulate payments systems.
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International and Foreign Exchange Markets
10 May 2014
SMP
– May 2014
In Denmark, the central bank ceased charging banks to deposit excess funds with it, having imposed a 10–20 basis point fee since mid 2012, in response to a reversal of ... The Ukrainian central bank also raised rates by 300 basis points in April to
https://www.rba.gov.au/publications/smp/2014/may/intl-fx-mkts.html
International and Foreign Exchange Markets
10 May 2011
SMP
– May 2011
The central banks of China and India have increased their policy interest rates twice since February; the People's Bank of China has also further raised banks' reserve requirement ratios. ... Two major central banks have continued to ease monetary policy.
https://www.rba.gov.au/publications/smp/2011/may/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Aug 2013
SMP
– August 2013
by the central banks of India and Turkey to increase other policy rates over the past two months. ... In response to these outflows, central banks in these countries have raised policy rates and/or intervened in foreign exchange markets.
https://www.rba.gov.au/publications/smp/2013/aug/intl-fx-mkts.html
The International Environment
5 Nov 2021
SMP
– November 2021
These central banks have retained their approach of setting policy rates in response to their forecasts for inflation, unlike the US Federal Reserve (Fed) and the Reserve Bank of Australia (RBA), ... See RBA (2021), ‘Box A: Central Bank Purchases of
https://www.rba.gov.au/publications/smp/2021/nov/the-international-environment.html
International and Foreign Exchange Markets
10 Feb 2014
SMP
– February 2014
December. In part this relative calm owed to active assurance by the Federal Reserve, the European Central Bank (ECB) and the Bank of Japan (BoJ) that policy will remain very accommodative ... Central banks in emerging markets whose exchange rates have
https://www.rba.gov.au/publications/smp/2014/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
10 May 2008
SMP
– May 2008
Central banks also expanded their use of co-ordinated actions involving foreign exchange ‘swap lines’ between the US Federal Reserve, the ECB and the Swiss National Bank. ... The Singapore dollar gained after the central bank raised the trading range
https://www.rba.gov.au/publications/smp/2008/may/intl-fx-mkts.html
Statement on Monetary Policy
7 May 2024
SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/
The International Environment
10 Aug 2018
SMP
– August 2018
The major central banks are at different phases of their monetary policy cycles. ... This divergence across countries partly reflects differences in expected policy stances of the major central banks.
https://www.rba.gov.au/publications/smp/2018/aug/the-international-environment.html
The International Environment
27 Nov 2018
SMP
– November 2018
In part, this reflects expectations that central bank policy rates will remain relatively low for some time. ... Partly in response, central banks in all three of these economies have recently increased policy rates.
https://www.rba.gov.au/publications/smp/2018/nov/the-international-environment.html
International and Foreign Exchange Markets
10 Feb 2018
SMP
– February 2018
Many central banks in emerging markets have also indicated that their easing cycles are complete. ... Nevertheless, central banks' holdings of bonds are likely to remain substantial and the reduction in central bank purchases is generally expected to
https://www.rba.gov.au/publications/smp/2018/feb/international-and-foreign-exchange-markets.html