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RBA Glossary definition for appreciation

appreciation – An increase in the value of an asset. In foreign-exchange terms, it is a relative increase in the value of one currency compared to another.

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Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

3 Jan 2023 RDP 2022-09
Matthew Read
and the nominal trade-weighted exchange rate index (TWI. t. ) defined such that higher values correspond to an appreciation of the Australian dollar. ... For example, an appreciation of the exchange rate will put downward pressure on consumer prices due
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html

Estimates under Different Sets of Sign Restrictions

3 Jan 2023 RDP 2022-09
Matthew Read
and the nominal trade-weighted exchange rate index (TWI. t. ) defined such that higher values correspond to an appreciation of the Australian dollar. ... For example, an appreciation of the exchange rate will put downward pressure on consumer prices due
https://www.rba.gov.au/publications/rdp/2022/2022-09/estimates-under-different-sets-of-sign-restrictions.html