Buz Investors Australia Interest Rate The benchmark interest rate in Australia was last recorded at 1.50 percent. Interest Rate in Australia averaged 4.77 percent from 1990 until 2017, reaching an all time high of 17.50 percent in January of 1990 and a record low of 1.50 percent in August of 2016.
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Australia Interest Rate
In Australia, interest rates decisions are taken by the Reserve Bank of Australia’s Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds. This page provides – Australia Interest Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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