Search: Nominal interest rate
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.
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6 June 2023 | Minutes of the Monetary Policy Meeting of the Board
20 Jun 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 June 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-06-06.html
Inflation
20 Nov 2023
SMP
- November 2023
PDF
2189KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/04-inflation.pdf
5 April 2022 | Minutes of the Monetary Policy Meeting of the Board
19 Apr 2022
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-04-05.html
The International Environment
4 Aug 2023
SMP
– August 2023
The International Environment | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/the-international-environment.html
Banknotes
12 Apr 2020
RBA Annual Report
– 2020
In 2019/20, around 21,000 counterfeits, with a nominal value of $1.6 million, were detected in circulation. ... Total. Number. 29. 27. 244. 9,821. 11,353. 21,474. Nominal value ($).
https://www.rba.gov.au/publications/annual-reports/rba/2020/banknotes.html
Reserve Bank of Australia Annual Report 2023
1 May 2024
RBA Annual Report
- 2023
PDF
9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf
4 April 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Apr 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html
2 May 2023 | Minutes of the Monetary Policy Meeting of the Board
16 May 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-05-02.html
7 March 2023 | Minutes of the Monetary Policy Meeting of the Board
21 Mar 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 March 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-03-07.html
The International Environment
10 Nov 2023
SMP
– November 2023
The International Environment | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/the-international-environment.html