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Friday, June 7, 2013

RBA - Rate Statement

Is a statement that contains the interest rate determined by the Central Bank Alostarala based on the Bank's monetary policy, in order to maintain the stability of economic growth and the stability of the exchange rate of the Australian dollar, the statement also contains information relating to monetary policy and directions of the Central Bank of Canada.

Release date:

Longer on a monthly basis on the first Tuesday of every month except January.

Type Indicator:

Fiscal policy and interest rates

Source:

Reserve Bank of Australia

The impact of the index:

News of strong capable of moving the market immediately after its release, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the value of the index when it is published less than expected, so that is a negative for the currency.

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