Search: billion
RBA Glossary definition for billion
billion – One thousand million.
Search Results
Currency Demand during the Global Financial Crisis: Evidence from Australia
30 Jan 2013
RDP
2013-01
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2013/2013-01.html
Conclusion
31 Dec 2013
RDP
2013-01
Coinciding with these measures, Australian currency demand rose at an unprecedented pace, resulting in an additional $3 billion in currency holdings of the non-bank sector. ... This meant that there was an additional $5 billion of currency on issue in
https://www.rba.gov.au/publications/rdp/2013/2013-01/conclusion.html
Currency Demand Data
31 Dec 2013
RDP
2013-01
Currency holdings of the non-bank sector jumped by 5 per cent in October 2008 (a rise of just over $2 billion). ... This is equivalent to an additional $3 billion and was 8 standard deviations above average, so cannot be considered a part of normal
https://www.rba.gov.au/publications/rdp/2013/2013-01/currency-demand-data.html
Introduction
31 Dec 2013
RDP
2013-01
The increase in total banknote demand in late 2008 was 12 percentage points larger than the normal increase in demand at that time of year, amounting to an additional $5 billion
https://www.rba.gov.au/publications/rdp/2013/2013-01/introduction.html
Financial Crises and Currency Demand
31 Dec 2013
RDP
2013-01
The value of payments to households totalled approximately $21 billion, or almost $1,000 per capita (RBA 2009c).
https://www.rba.gov.au/publications/rdp/2013/2013-01/financial-crises-currency-demand.html
Modelling Currency Demand in Australia
31 Dec 2013
RDP
2013-01
The fall in the deposit rate between the September quarter 2008 and the June quarter 2009 of 343 basis points implies a long-run increase of $1.8 billion in currency
https://www.rba.gov.au/publications/rdp/2013/2013-01/modelling-currency-demand-australia.html