Search: deregulation
RBA Glossary definition for deregulation
deregulation – The progressive removal of controls on entry and operations, intended to enhance competition, and raise the productivity of the major entities in the industry concerned.
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International and Foreign Exchange Markets
27 Nov 2015
SMP
– November 2015
The lowering of Chinese benchmark interest rates in October was accompanied by the removal of the ceilings on permissible deposit rates, completing the formal deregulation of interest rates in China.
https://www.rba.gov.au/publications/smp/2015/nov/02-international-and-foreign-exchange-markets.html