Reserve Bank of Australia


The Reserve Bank of Australia was set up in the year 1960. The Reserve Bank of Australia acts as one of the apex independent organization for controlling the monetary and financial system of the country. The Governor of the bank regulates the bank.

The important function of the bank is to maintain monetary stability in the country. Apart from this, the bank also acts with an ambition of raising economic prosperity and welfare among the peoples in the nation.

 


The Reserve Bank of Australia was set up in the year 1960. The Reserve Bank of Australia acts as one of the apex independent organization for controlling the monetary and financial system of the country. The Governor of the bank regulates the bank.

The important function of the bank is to maintain monetary stability in the country. Apart from this, the bank also acts with an ambition of raising economic prosperity and welfare among the peoples in the nation.

 

Apart from the general banking services, the bank also provides some selective and registry services to government agencies and overseas central banks.

As to the statistics, the bank has a total employment base of around 900. The Bank’s headquarter is situated in Sydney. The Bank’s Board of Director consists of the Governor of the Reserve Bank, Deputy Governor of the bank, secretary to the treasury and six other members appointed by the Treasurer. The board holds meetings in Sydney nine times each year.
 

Reserve Bank of Australia

Address: G.P.O Box 3947 Sydney (NSW) 2001 AUSTRALIA Phone No.: ++61-2-95 51 81 11 Fax: ++61-2-95 51 80 00

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