Search: exchange rates
RBA Glossary definition for exchange rates
exchange rates – The price of one currency expressed in terms of another currency. Any exchange rate can be quoted two ways, e.g. Australian dollars per US dollar (USD/AUD) or US dollars per Australian dollar (AUD/USD). The convention for the Australian dollar is that it is quoted as the foreign currency price of the Australian dollar. This is sometimes referred to as the 'Indirect' method of quoting.
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Summary and Conclusions
1 Dec 1989
RDP
8909
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime 6. ... the exchange rate regime is an important determinant, in both theory and practice, of the optimal degree of wage indexation;.
https://www.rba.gov.au/publications/rdp/1989/8909/summary-and-conclusions.html
The Optimal Degree of Wage Indexation
1 Dec 1989
RDP
8909
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime 3. ... Θ varies positively with the degree of flexibility in the nominal exchange rate.
https://www.rba.gov.au/publications/rdp/1989/8909/optimal-degree-of-wage-indexation.html