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Reserve Bank Of Australia (RBA) Unlike the US Federal reserve which is run by private banks backed by the Rothschilds, the RBA is 100% Government owned. RBA is Australia's Central Bank and banknote issuing authority and took over this role in 1960 from the Commonwealth Bank of Australia CBA. Established - January 14 1960 Currency - Australian Dollar AUD Reserves - 80,837 million Cash Rate - 0.85% (raised 0.35% May 2022 and again 0.50%, 1st time in 10 years)

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