AUD – Cash Rate May 03, 2011; 11:30 AM (GMT +7)

The rate decision is often priced in the market so it tends to be overshadowed by the RBA Rate Statement which is focused on the future.

Care Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future.

Interest rate for overnight money market deposits.

Reserve Bank Board members come to a consensus on where to set the rate.