RBA decisions · 1993

RBA interest rate decisions in 1993

In 1993, the RBA made 11 cash rate decisions: 2 cuts and 9 holds. The cash rate target moved from 5.75% to 4.75%, down 1.00 percentage points.

Cash rate target in 1993

RBA cash rate target during 1993, from 5.75% to 4.75%4.50%4.75%5.00%5.25%5.50%5.75%6.00%Feb 93Apr 93June 93Aug 93Oct 93Dec 93

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 1993 decision

DateDecisionNew targetChangeDetails
2 Feb 1993hold5.75%No changeDecision page
22 Mar 1993cut5.25%−50 bpDecision page
6 Apr 1993hold5.25%No changeDecision page
4 May 1993hold5.25%No changeDecision page
1 June 1993hold5.25%No changeDecision page
6 July 1993hold5.25%No changeDecision page
29 July 1993cut4.75%−50 bpDecision page
7 Sept 1993hold4.75%No changeDecision page
5 Oct 1993hold4.75%No changeDecision page
2 Nov 1993hold4.75%No changeDecision page
7 Dec 1993hold4.75%No changeDecision page