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  2. Official cash rate - Wikipedia

    en.wikipedia.org/wiki/Official_Cash_Rate

    The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The ...

  3. List of sovereign states by central bank interest rates

    en.wikipedia.org/wiki/List_of_sovereign_states...

    Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April ...

  4. Reserve requirement - Wikipedia

    en.wikipedia.org/wiki/Reserve_requirement

    Australia: Zero: Statutory reserve deposits abolished in 1988, replaced with 1% non-callable deposits [12] Bangladesh: 6.00: Raised from 5.50, effective from 15 December 2010 Brazil: 21.00: Term deposits have a 33% RRR and savings accounts a 20% ratio. [22] Bulgaria: 10.00

  5. 5 Best Banks for Long-Term Deposits - AOL

    www.aol.com/5-best-banks-long-term-140014846.html

    BMO is a solid choice for long-term deposits thanks to its stellar rates on CDs. It currently offers a 4.50% APY when you open a 59-month CD. Its 13-month CD currently has a 4.00% APY.

  6. Reserve Bank of Australia - Wikipedia

    en.wikipedia.org/wiki/Reserve_Bank_of_Australia

    The current governor of the Reserve Bank is Michele Bullock, who succeeded Philip Lowe as governor on 18 September 2023. [9] In May 2022, the bank increased the nation's interest rates for the first time in more than a decade. This move was designed to combat high rates of inflation.

  7. Term deposit vs. call deposit: What’s the difference? - AOL

    www.aol.com/finance/term-deposit-vs-call-deposit...

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