Reserve Bank of Australia

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Central Bank of Australia
Reserve Bank of Australia
Reserve Bank of Australia logo.svg
Headquarters Sydney
founding January 14, 1960
president Philip Lowe
country Australia
currency

Australian dollar

ISO 4217 AUD
Currency reserves AUD 76 billion (2016)
Website

http://www.rba.gov.au

List of central banks
The main building of the Reserve Bank of Australia in Sydney.

The Reserve Bank of Australia (RBA) is Australia's central bank based in Sydney . The central bank is headed by Governor Glenn Stevens .

The central bank was established in 1960 and derives its functions and powers from the Reserve Bank Act 1959 . The main objectives of the bank are to maintain price stability, to ensure full employment and economic prosperity for the Australian people and to support the economic policies of the Australian government. It manages the national currency, the Australian dollar , issues themed banknotes and coins and holds the national currency reserves.

The RBA provides certain banking services as required by the Australian Government and its agencies and a number of overseas central banks and official institutions. In addition, it manages Australia's gold and foreign exchange reserves.

Individual evidence

  1. ^ Australia Foreign Exchange Reserves . tradingeconomics.com. Accessed January 30, 2017 (English)
  2. ↑ About RBA . rba.gov.au. Accessed January 30, 2017 (English)

Web links

Commons : Reserve Bank of Australia  - Collection of pictures, videos and audio files