Search: foreign-currency liquidity
RBA Glossary definition for foreign-currency liquidity
foreign-currency liquidity – The capacity to exchange foreign currency for domestic currency without significantly moving the exchange rate. The extent to which a foreign currency may be traded readily without causing a significant movement in price.
RBA Glossary definition for liquidity
liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.
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Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes
1 Dec 2018
RDP
2018-12
For the entire euro area, Stenkula (2004) estimates that around 10 per cent of national currency banknotes were not redeemed for euros, with wide variation between countries. ... Cash held by overseas foreign exchange businesses that service tourists
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html