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.
Search Results
December: 1997-Glossary
9 Mar 2023
Media Release
ECU. European currency unit. EMEAP. Executive Meeting of East Asian and Pacific central banks. ... XEU. SWIFT code for the European currency unit (ECU). XPF. Central Pacific franc.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
December: 1997-Methodology
9 Mar 2023
Media Release
of the G10 central banks in 1995. ... Quantitative and qualitative aspects were covered in a single survey and in this sense, as noted above, it was a more comprehensive exercise than that undertaken by the G10 central banks
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/methodology.html
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
Dealers are exposed to the risk of not receiving final value from a payment instruction until settlement occurs at the central bank. ... banks. Also, the structures of the respective markets are very different. The G10 central banks did not include the
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
The EMEAP group of central banks, of which the RBA is a member, could be one such vehicle to promote regional dialogue on the issue of foreign exchange settlement risk. ... The RBA is promoting the issue with other central banks and monetary authorities
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.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
Research Project Exploring Use Cases for CBDC
2 Mar 2023
Media Releases
The Digital Finance Cooperative Research Centre and the Reserve Bank are announcing the use case proposals, along with their providers, which have been invited to participate in the live pilot, which will take place over the coming months.
https://www.rba.gov.au/media-releases/2023/mr-23-06.html
Payments System Board Update: February 2023 Meeting
16 Feb 2023
Media Releases
Today’s Payments System Board meeting discussed ASX’s self-assessment against the Financial Stability Standards (FSS), the Bank’s framework for supervising payment system safety and resilience, payments system regulatory reform, the future of
https://www.rba.gov.au/media-releases/2023/mr-23-05.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
Renewal of Bilateral Local Currency Swap Arrangement Between the Reserve Bank of Australia and Bank of Korea
6 Feb 2023
Media Releases
Today, the Reserve Bank of Australia renewed the bilateral local currency swap agreement with the Bank of Korea.
https://www.rba.gov.au/media-releases/2023/mr-23-03.html
New Banknote Design
2 Feb 2023
Media Releases
The Reserve Bank has decided to update the banknote to feature a new design that honours the culture and history of the First Australians.
https://www.rba.gov.au/media-releases/2023/mr-23-02.html