The Latest Breaking News from Reserve Bank

Rise in unemployment shows jobs market softening slowly

The jobs market appears to be softening with a rise in the jobless rate to 4.5 per cent, which should take pressure off the Reserve Bank to lift interest rates.

AAP · Aug 19

Rupee falls 17 paise to 95.59 against US dollar in early trade

In early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of India's announcement on its swap facility adjustment. The end of the FCNR (B) deposit facility on August 31 is causing concern among traders, even though prior forex…

The Economic Times · Aug 17

Indian Bank plans to garner $400 million via ECB this week: MD Binod Kumar

Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional…

The Economic Times · Aug 16

AI boom, productivity malaise making RBA's job harder

Investment in AI is supporting demand in the economy at a time when the Reserve Bank wants it to cool, but the housing downturn should help get inflation down.

AAP · Aug 13

Treasurer tips housing growth despite investor slump

A collapse in property investor lending since the federal budget is good for the economy in the long term, the boss of the nation's biggest bank says.

AAP · Aug 11

The RBA likely believes it won’t need to hike rates again – but the worst thing it could do is say that out loud

When it comes to the Reserve Bank, there’s a whiff of a parent making a threat they have no intention of carrying out

The Guardian - AU · Aug 11

Not much concerned on proposed NBFC norms, revolving credit exposure below 5%: Tata Capital CEO

Tata Capital's revolving credit exposure remains below five percent of its total lending. The company will submit its feedback to the Reserve Bank of India on proposed new regulations. These draft norms suggest non-banking finance companies should not offer revolving credit products. Tata Capital's managing director stated the current exposure…

The Economic Times · Aug 11

RBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if needed

In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year

The Guardian - AU · Aug 11

House price falls weighing on economic growth, RBA says

The deterioration in Australia's housing market will help slow the economy and get inflation back under control, the Reserve Bank says.

AAP · Aug 11

Shares lift as RBA holds fire, oil holds onto gains

A Reserve Bank decision to keep the cash rate on hold at 4.35 per cent surprised few, but investors are divided about the path ahead for borrowing costs.

AAP · Aug 11