Australia's RBA bans RBC from confidential briefings for a year due to a cash rate leak.
Australia's Reserve Bank (RBA) has prohibited the Royal Bank of Canada (RBC) from participating in confidential briefings for one year due to a leak from a closed-door meeting. The leak involved details from a meeting where the cash rate was maintained at 4.35%. RBC reported the breach, prompting concerns from RBA Governor Michele Bullock and Treasurer Jim Chalmers about the importance of confidentiality.
October 01, 2024
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