{"id":53222,"date":"2021-10-21T22:37:38","date_gmt":"2021-10-21T18:37:38","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53222"},"modified":"2021-10-21T23:49:21","modified_gmt":"2021-10-21T19:49:21","slug":"rba-reveals-4-3bn-accounting-loss","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/rba-reveals-4-3bn-accounting-loss\/10\/21\/market-updates\/","title":{"rendered":"RBA reveals $4.3bn accounting loss"},"content":{"rendered":"\n<p>Australia\u2019s Reserve Bank made a multibillion-dollar loss on its securities and foreign exchange transactions during last financial year as unrealised valuation losses. The RBA recorded a $4.3 billion accounting loss in the 2020-21 financial year.<\/p>\n\n\n\n<p><br>The RBA admitted higher interest rates could further hit its bottom line while beefing up the federal budget with a $2.7 billion dividend payment.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The Reserve Bank has recorded one of the biggest financial losses in its history. It is the bank\u2019s second largest loss, only surpassed by a $4.9 billion loss in 2010-2011.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Investors and traders eye speech by Philip Lowe the governor of Australia\u2019s central bank Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia\u2019s Reserve Bank made a multibillion-dollar loss on its securities and foreign exchange transactions during last financial year as unrealised valuation losses. The RBA recorded a $4.3 billion accounting loss in the 2020-21 financial year. The RBA admitted higher interest rates could further hit its bottom line while beefing up the federal budget with a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7745,7035,7358,7858],"class_list":["post-53222","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-loss","tag-rba","tag-reserve-bank-of-australia","tag-unrealized-valuation-loss"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53222"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53222\/revisions"}],"predecessor-version":[{"id":53250,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53222\/revisions\/53250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53226"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}