RBA moves back into profit


The Reserve Bank of Australia has reported a A$3.8 billion ($2.8 billion) profit in 2018, up from a $657 million loss in 2017, the annual report of the central bank says.

The turnaround in profit is mostly attributed to gains in its securities and foreign exchange investments. The bank moved from a net loss of $1.4 billion in 2017 to a $2.2 billion net gain this year.  

The reserve bank maintained its largest allocation to the US dollar, at 55% of the portfolio, as of the end of June 2018. In

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: