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.
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December: 1997-Settlement Risk on Australian Dollar Transactions
9 Mar 2023
Media Release
However, some direct cross-rate trading does occur, albeit in low volumes, against other currencies. ... AUD/NZD. 24. 26. AUD/GBP. 16. 32. Several points of interest arise from the information presented in Table 3.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-risk-aus-dollar-transactions.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Mar 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-07.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Feb 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-04.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Dec 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-41.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Nov 2022
Media Releases
It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.75 per cent. ... Higher interest rates and higher inflation are putting pressure on the budgets of many households.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html
2022 Triennial Central Bank Survey Results for Foreign Exchange and Derivative Markets – Australia
28 Oct 2022
Media Releases
Turnover in OTC interest rate derivatives covers contracts related to an interest-bearing financial instrument with cash flows that are determined by referencing interest rates or another interest rate contract. ... This represents an increase of
https://www.rba.gov.au/media-releases/2022/mr-22-35-tables.html
2022 Triennial Central Bank Survey of Foreign Exchange and Derivative Markets
28 Oct 2022
Media Releases
The Reserve Bank of Australia has today released a summary of findings from the latest triennial survey of turnover in foreign exchange (FX) and over-the-counter (OTC) interest rate derivatives markets that was conducted in the Australian market in
https://www.rba.gov.au/media-releases/2022/mr-22-35.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Oct 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-33.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Sep 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-28.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Aug 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-21.html