Reserve Bank Of Australia Interest Rate Today 2025

Reserve Bank Of Australia Interest Rate Today 2025. The reserve bank sets the target ‘cash rate’, which is the market interest rate on overnight funds. This is very welcome news for millions of australians.


Reserve Bank Of Australia Interest Rate Today 2025

The interest rate we control is the cash rate, which is the rate that banks charge each other to borrow overnight. The reserve bank of australia (rba) retained its cash rate at 4.35% during its final meeting of 2024, keeping borrowing costs unchanged for the ninth straight gathering, in line with market.

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