The Australian Foreign Exchange Committee (AFXC) is a representative forum of the Australian foreign exchange market operating under the sponsorship of the Reserve Bank of Australia (RBA). Membership is drawn from the leading foreign exchange banks and also includes representatives from the Association Cambiste Internationale (ACI) and the Australian Financial Markets Association (AFMA). The Chairman is elected from the Committee and the RBA provides a permanent secretary to the Committee.

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Turnover in the global foreign exchange market is in excess of US$3.2 trillion each day. The Australian foreign exchange market is the seventh largest foreign exchange market in the world. The Australian dollar/US dollar exchange rate pair is the fourth most traded currency pair in the global market.

See latest survey details in News releases for 25 July 2011.