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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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Appendix A: The RBA79 model

1 Sep 1979 RDP 7903
P.D. Jonson and R.G. Trevor
d. household expenditure. E. exchange rate ($A/$US). F. net Australian capital owned by overseas residents. ... QE. synthetic variable for expectations about the exchange rate, 1972-6. QER.
https://www.rba.gov.au/publications/rdp/1979/7903/appendix-a.html

Introduction for RDP 7903: Monetary Rules: A Preliminary Analysis

1 Sep 1979 RDP 7903
P.D. Jonson and R.G. Trevor
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1979/7903.html

Appendix D

1 Sep 1979 RDP 7903
P.D. Jonson and R.G. Trevor
Bond Rate. Exchange Rate. Increase in govt spending. 0.1. 4.2. 0.8. ... 2.1. 5.0. 0.4. –. Percentage deviation from steady state levels, except in case of bond rate (deviation from steady state level) and unemployment rate (deviation from assumed
https://www.rba.gov.au/publications/rdp/1979/7903/appendix-d.html

Introduction

1 Sep 1979 RDP 7903
P.D. Jonson and R.G. Trevor
Thus, for example, many economists believe that over-emphasis on stability of the exchange rate and nominal interest rates in the 1950s and 1960s allowed the growth of money to accommodate ... a bond rate which responds positively to monetary expansion,
https://www.rba.gov.au/publications/rdp/1979/7903/introduction.html

Simulation Results

1 Sep 1979 RDP 7903
P.D. Jonson and R.G. Trevor
After 7 years, the exchange rate has devalued by around 3 per cent, and the bond rate has risen by 1 per cent. ... It is worth noting that all the simulations considered in this paper assume a managed float of the exchange rate.
https://www.rba.gov.au/publications/rdp/1979/7903/simulation-results.html