Australia's RBA to provide banking system with extra cash

Mon, Mar 16, 2020 - 7:08 AM

Australia's central bank will provide the banking system with extra liquidity through its market operations to help offset a dislocation in global financial markets, part of a package of liquidity steps by regulators.

PHOTO: EPA-EFE

[SYDNEY] Australia's central bank will provide the banking system with extra liquidity through its market operations to help offset a dislocation in global financial markets, part of a package of liquidity steps by regulators.

Australia's Council of Financial Regulators on Monday said the...

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