Search: Exchange Settlement Account

Sort by: Relevance Date
41–50 of 800 search results for Exchange Settlement Account

RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

RBA Glossary definition for Exchange Settlement Account

Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.

Search Results

Monetary Policy

9 Mar 2023 RBA Annual Report – 1960
The Special Account system was replaced by a system of Statutory Reserve Deposit Accounts on 14th January, 1960, in accordance with the provisions of the Banking Act 1959. ... c) Before June, 1953, excludes debits to customers' accounts in the Northern
https://www.rba.gov.au/publications/annual-reports/rba/1960/monetary-policy.html

Risk Management

21 Oct 2021 RBA Annual Report – 2021
Liabilities include Exchange Settlement (ES) account balances held by ADIs, deposits held by the Australian Government and its agencies, and banknotes on issue. ... When the cost of hedging currency risk under short-term foreign exchange swaps is taken
https://www.rba.gov.au/publications/annual-reports/rba/2021/risk-management.html

Economic Survey

9 Mar 2023 RBA Annual Report – 1961
Current account balance. 185. 219. 369. Capital—official. 21. 29. 82. —private (including balancing item). ... The rate of increase in debits to accounts of trading bank customers, which had risen over 1959/60, progressively declined during 1960/61.
https://www.rba.gov.au/publications/annual-reports/rba/1961/economic-survey.html

The Bank's Services and other Activities

9 Mar 2023 RBA Annual Report – 1989
These assist with the investment of the Bank's holdings of foreign currency reserves and with its foreign exchange operations. ... Plans are in hand to provide an electronic transfer and settlement system for Commonwealth Government securities.
https://www.rba.gov.au/publications/annual-reports/rba/1989/banks-services.html

The Reserve Bank and Economic Policy in 1978/79

20 Jun 2023 RBA Annual Report – 1979
This gradual depreciation occurred against the background of great turbulence in foreign exchange markets overseas, when the effects on the U.S. ... through sales of foreign exchange from official reserves and thus reduced the need for adjustment in the
https://www.rba.gov.au/publications/annual-reports/rba/1979/res-bank-eco-policy.html

The Year in Review

9 Mar 2023 RBA Annual Report – 1988
The Bank moderated the fall in the exchange rate by running down external reserves. ... One was the sounder under-pinning of the rising exchange rate provided by higher commodity prices.
https://www.rba.gov.au/publications/annual-reports/rba/1988/year-review.html

Notes to and Forming Part of the Financial Statements | Financial Statements

9 Mar 2023 RBA Annual Report – 1989
the profit and loss account for inclusion in the calculation of net operating earnings. ... movements in exchange rates;. major repairs and maintenance of the Bank's buildings;.
https://www.rba.gov.au/publications/annual-reports/rba/1989/fin-statements/note-1.html

Note 1 – Accounting Policies

21 Oct 2021 RBA Annual Report – 2021
and AASB 13 –. Fair Value Measurement. The RBA brings its securities and foreign exchange transactions to account on a trade date basis. ... Deposits, repurchase agreements and gold swaps are brought to account on settlement date.
https://www.rba.gov.au/publications/annual-reports/rba/2021/financial-statements/note-1.html

Earnings, Distribution and Capital

27 Oct 2022 RBA Annual Report – October 2022
Moreover, Exchange Settlement (ES) balances, which have grown significantly as a result of the Banks policy actions, were, until recently, paid a zero interest rate. ... Over the past year, the valuation gains from exchange rate movements were relatively
https://www.rba.gov.au/publications/annual-reports/rba/2022/earnings-distribution-and-capital.html

Financial Markets and the Bank's Operations | Reserve Bank of Australia Annual Report - 1991

30 Jun 1991 Annual Report
In large measure, these falls merely reversed earlier rises in the exchange rate. ... Many intermediaries introduced new accounts for eligible pensioners which offered the deemed interest rate.
https://www.rba.gov.au/publications/annual-reports/rba/1991/fin-market.html