RBA interest rate

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RBA interest rate closed down 4.35 as of June 18, 2024 from 4.35 from the previous day, 4.35 last week and 2.6 last month.

RBA interest rate Analytics & Data




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RBA interest rate Historical Data

DateClose
2024-06-18 4.35
2024-05-07 4.35
2024-04-30 4.35
2024-03-19 4.35
2024-02-06 4.35
2024-01-31 4.35
2023-12-05 4.35
2023-11-07 4.35
2023-10-03 4.1
2023-09-05 4.1
2023-08-01 4.1
2023-07-04 4.1
2023-06-06 4.1
2023-05-02 3.85
2023-04-04 3.6
2023-03-07 3.6
2023-02-07 3.35
2023-01-31 3.1
2022-12-06 3.1
2022-11-01 2.85
2022-10-04 2.6
2022-09-06 2.35
2022-08-02 1.85
2022-07-05 1.35
2022-06-07 0.85
2022-05-03 0.35
2022-04-05 0.1
2022-03-01 0.1
2022-02-01 0.1
2021-12-07 0.1
2021-11-02 0.1
2021-10-05 0.1
2021-09-07 0.1
2021-08-03 0.1
2021-07-06 0.1
2021-06-01 0.1
2021-05-04 0.1
2021-04-06 0.1
2021-03-02 0.1
2021-02-02 0.1
2021-01-31 0.1
2020-12-01 0.1
2020-11-03 0.1
2020-10-06 0.25
2020-09-01 0.25
2020-08-04 0.25
2020-07-07 0.25
2020-06-02 0.25
2020-05-05 0.25
2020-04-07 0.25
2020-03-19 0.25
2020-03-03 0.5
2020-02-04 0.75
2020-01-31 0.75
2019-12-03 0.75
2019-11-05 0.75
2019-10-01 0.75
2019-09-03 1
2019-08-06 1
2019-07-02 1

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RBA interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
RBA interest rateau.interestrate0000000

RBA interest rate Factors

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RBA interest rate Historical Data

The MacroVar database offers free access to historical data for the RBA interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of RBA interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the RBA interest rate

The Reserve Bank of Australia (RBA) interest rate is the official cash rate set by the central bank to influence the cost of borrowing and lending in the economy. This rate is used to control inflation, stimulate economic growth, and maintain stability in the financial system. When the RBA increases the interest rate, it becomes more expensive to borrow money, which can help to cool down an overheated economy and control inflation. Conversely, when the RBA decreases the interest rate, borrowing becomes cheaper, encouraging businesses and consumers to spend and invest more, thus stimulating economic growth. The RBA interest rate is a key tool used by policymakers to manage the overall health of the economy.