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See the related link to the Reserve Bank of Australia for an overview of the functions of the RBA.

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Q: What are the functions of the Reserve Bank of Australia?
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Related questions

What role does the Reserve Bank of Australia have with the Australian currency?

See the link to the Reserve Bank of Australia.


What is the name of central bank of Australia?

The Reserve Bank Of Australia.


Who owns the reserve bank of Australia?

The Commonwealth


Where is money made in Australia?

Australian money is made in the reserve bank Australia or in the Perth mint. Check the Australian reserve bank for further information.


What are the functions of south African reserve bank?

They print money


Does the Rothschild family partially own the Reserve Bank of Australia?

No. The Reserve Bank is wholly owned by and accountable to the government of Australia. See the related link below.


What services are offered by the Reserve Bank of Australia?

The Reserve Bank of Australia provides banking services to the government of Australia and its various agencies as well as to overseas central banks and official institutions. The bank specifically offers payments, collections, and general account maintenance and reporting.


Where was plastic banknotes invented?

Plastic banknotes were invented in Australia by the Reserve Bank of Australia and the CSIRO.


Is the Reserve Bank of Australia part of their government?

No, it is a non-government organisation.


Is federal reserve and central bank the same?

The US Federal Reserve System consists of several different regional bank which together perform several of the functions of a Central Band, but it is not exactly the same as a Central Bank.


Can you cash a reserve bank of australia cheque and get cash straight away?

No. I think you used to be able to years ago, but if you take a reserve bank cheque to the bank it takes around three business days if you're lucky.


Who has the authority to issue legal tender?

In most countries, it will be the central banking agency, by whatever name it is known locally. In Britain, it is the Bank of England In Australia, it is the Reserve Bank of Australia