AUSTRALIA-SYDNEY-RBA-CASH RATE-INCREASE

AUSTRALIA-SYDNEY-RBA-CASH RATE-INCREASE

(230606) -- SYDNEY, June 6, 2023 (Xinhua) -- This photo taken on June 6, 2023 shows the exterior view of the Reserve Bank of Australia (RBA) in Sydney, Australia. The RBA on Tuesday decided to increase the cash rate target by 25 basis points to 4.10 percent, with the interest rate paid on Exchange Settlement balances also up by 25 basis points to 4 percent. This marked the fourth rate hike so far this year and also the 12th jump since the central bank started tightening the money policy from a record low of 0.1 percent in May last year. (Photo by Hu Jingchen/Xinhua)

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  • ILEA001402587
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  • 2023/6/06 00:00:00
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  • Xinhua / Kyodo News Images
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