Rba

Pronunciation: /ɑr.bi.eɪ/

Definitions of RBA

noun acronym for Reserve Bank of Australia, the central bank of Australia

Example Sentences

A1 I heard that the RBA is responsible for setting interest rates in Australia.

A2 The RBA announced a cut in the official cash rate to stimulate the economy.

B1 Many economists closely watch the decisions made by the RBA to gauge the health of the economy.

B2 The RBA's monetary policy decisions can have a significant impact on inflation and employment rates.

C1 The RBA's quarterly statements provide valuable insights into the state of the economy.

C2 Experts analyze the RBA's minutes for clues about future interest rate movements.

Examples of RBA in a Sentence

formal The RBA is responsible for setting the official cash rate in Australia.

informal Did you hear what the RBA decided to do with interest rates?

slang I wonder if the RBA will cut rates again soon.

figurative The RBA is like the puppeteer pulling the strings of the economy.

Grammatical Forms of RBA

• past tense: RBAd
• plural: RBAs
• comparative: more RBA
• superlative: most RBA
• present tense: RBA
• future tense: will RBA
• perfect tense: have RBAed
• continuous tense: is RBAing
• singular: RBA
• positive degree: RBA
• infinitive: to RBA
• gerund: RBAing
• participle: RBAed

Origin and Evolution of RBA

First Known Use: 1959 year

Language of Origin: English

Story behind the word: The acronym 'RBA' originated in the field of economics and finance as a shortened form of 'Reserve Bank of Australia'.

Evolution of the word: Initially used to refer specifically to the Reserve Bank of Australia, the term 'RBA' has since evolved to be more broadly used to refer to any central bank or monetary authority in various countries.