The Reserve Bank of Australia.
Small businesses can expect the Reserve Bank of Australia (RBA) to prioritise lowering the unemployment rate before increasing interest rates ahead of tomorrow’s board meeting.
Like other central banks around the world, the RBA responded the economic shock of the pandemic by cutting its interest rate to near zero, purchasing a significant amount of government bonds, and offering low-cost funding to the banking system.
Richard Holden, professor of economics at the University of New South Wales Business School, says the RBA won’t change the cash rate, which is currently 0.1%, when deciding on monetary policy in Tuesday’s board meeting.
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Dogecoin is the hottest, quirkiest cryptocurrency on the planet.
The total value of the dogecoins in circulation is nearly $78 billion â not bad for a digital currency that started as a joke.
It is the fifth most-valuable cryptocurrency on the market, according to CoinMarketCap, having increased more than 6,000 per cent this year.
The price of a dogecoin doubled again Friday after Tesla CEO Elon Musk tweeted about it for the umpteenth time (more on that in a bit). Demand for Dogecoin spiked so much in April, it briefly broke Robinhood s cryptocurrency trading system.
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What is Dogecoin?
Like all cryptocurrencies, dogecoin is a digital currency that can be bought and sold like an investment and spent like money.
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