Search: appreciation
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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Appendix B: A Framework for Analysis
1 Feb 1998
RDP
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output by 2.4 per cent and a 10 per cent appreciation of the real exchange rate reduces output by 2 per cent in the long run. ... where an asterisk denotes a foreign variable, tot is the terms of trade, rtwi is the real exchange rate in terms of domestic
https://www.rba.gov.au/publications/rdp/1998/1998-03/appendix-b.html
Introduction
1 Feb 1998
RDP
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If inflation is higher than expected, financial markets will expect higher future real interest rates and an appreciation of the exchange rate (all else given) if they believe that the central
https://www.rba.gov.au/publications/rdp/1998/1998-03/introduction.html
Policy Implications
1 Feb 1998
RDP
9803
The policy instrument is the nominal cash rate. Monetary policy reduces inflation by generating output gaps and an appreciation of the exchange rate. ... The appreciation of the nominal exchange rate, induced by higher local interest rates, also directly
https://www.rba.gov.au/publications/rdp/1998/1998-03/policy-implications.html
Evidence on the Formation of Inflation Expectations
1 Feb 1998
RDP
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where er is the US dollar per Australian dollar exchange rate (so a rise is an appreciation of the Australian dollar), π.
https://www.rba.gov.au/publications/rdp/1998/1998-03/evidence-on-the-formation-of-inflation-expectations.html