The coronavirus has pushed economies and interest rates into downward spirals. (adsbygoogle = window.adsbygoogle || []).push({}); Privacy Policy The Deutsche Bundesbank is the independent central bank of the Federal Republic of Germany. The front page of the Reserve Bank of Australia's website. Our mission is to deliver monetary and financial stability for the people of the United Kingdom. Live Timeline Cash Rates Cryptocurrency Gold and Coins Central Bank Rates Charts and Analysis Contact Us Advertisement Archive Other currencies archive. a l B a n k R a t e s The OCR cannot be changed by transactions between … Currency Rates; Brief News; Live Exchange Rates (Local Time) Latest Rate . Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. 5.4 Central Bank of The UAE may take the appropriate measures to protect the Website against any loss, abuse or change of information available on the Website, in which case the Central Bank shall not be liable for any damage caused to the user or any other person as a result of disclosure of confidential information shared through the Website. google_ad_width = 160; /* 160x600, Erstellt 20.11.08 */ The central bank kept its cash rate unchanged at a record low 0.25% as was expected. The term ‘cash rate’ is primarily used in Australia and New Zealand, and has the same meaning as ‘ … google_ad_slot = "9341289758"; The Bank of England (BoE) is the UK's central bank. google_ad_slot = "9341289758"; Other core business areas include the financial and monetary system, banking supervision, cashless payments and cash operations. SYDNEY (Reuters) – The Reserve Bank of Australia (RBA) will likely hold its cash rate at a historic low of 0.1% at its monthly policy meeting on Dec. 1, showed a Reuters poll of 15 economists. But things are changing. google_ad_height = 600; What is the RBA and how does it control the cash rate? Exchange rates from 1999 to the present are Euro Reference Rates published by the European Central Bank, expressed as units of currency per euro. Interest rates are published for your convenience. //--> Central banks such as the Federal Reserve influence monetary policy in the economy by increasing or decreasing interest rates.