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    Exam 7: Interest Rates, the Yield Curve and Monetary Policy
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    Who Sets the Overnight Rate in the Interbank Market (The
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Who Sets the Overnight Rate in the Interbank Market (The

Question 20

Question 20

Multiple Choice

Who sets the overnight rate in the interbank market (the cash rate) in Australia?


A) RBA.
B) The traders in Sydney.
C) The Finance minister.
D) The commercial banks.

Correct Answer:

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