Reserve Bank of Australia (RBA) — FX Impact, Latest News & FAQ
The Reserve Bank of Australia (RBA) sets the cash rate target for Australia and announces decisions on the first Tuesday of most months at 03:30 UTC (04:30 UTC during AEDT). RBA decisions are sensitive to two unique inputs: domestic inflati…
About Reserve Bank of Australia
The Reserve Bank of Australia (RBA) sets the cash rate target for Australia and announces decisions on the first Tuesday of most months at 03:30 UTC (04:30 UTC during AEDT). RBA decisions are sensitive to two unique inputs: domestic inflation (with quarterly CPI being the most market-moving Australian release) and Chinese economic data, because China is Australia's largest trading partner. Hawkish RBA surprises lift AUD across the board; dovish ones plus weak China data push it lower. The RBA also publishes a quarterly Statement on Monetary Policy that sharpens the forward path. NewFXT tracks every RBA release with live quote impact, AI commentary and calendar context.
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RBA FAQ
What is the RBA?
The Reserve Bank of Australia is Australia's central bank. It sets the cash rate target and is responsible for monetary policy and financial-system stability.
When does the RBA decide rates?
The RBA announces decisions on the first Tuesday of most months at 03:30 UTC (04:30 UTC during AEDT). The Statement on Monetary Policy is published quarterly.
Why does Chinese data move AUD around RBA?
China is Australia's largest trading partner; iron-ore demand is a dominant export earner. Strong Chinese PMI or commodity-import data tends to push AUD higher and let the RBA lean hawkish; weak data does the opposite.