Search: foreign-currency liquidity

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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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Developments to Date

1 Dec 1993 RDP 9315
Warren Tease and Jenny Wilkinson
Life offices and superannuation funds provide very little debt finance. The largest direct holder of corporate equity is the foreign sector. ... Banks could avoid the implicit tax of the SRD requirement by raising funds through foreign currency deposits
https://www.rba.gov.au/publications/rdp/1993/9315/developments-to-date.html