Search: Surplus Exchange Settlement Account balances
RBA Glossary definition for Exchange Settlement Account balances
Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.
RBA Glossary definition for Surplus Exchange Settlement Account balances
Surplus Exchange Settlement Account balances – Exchange Settlement Account balances, excluding balances that account holders keep to meet their after-hours payments in the direct entry system or the New Payments Platform.
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
Foreign Trade and Capital Flows
10 May 2006
SMP
– May 2006
However, based on forecasts of price settlements, the new contract prices should be broadly neutral in aggregate for the ICP. ... The total current account deficit remains around 6 per cent of GDP (Graph 43).
https://www.rba.gov.au/publications/smp/2006/may/foreign-trade.html
Balance of Payments
7 Feb 2006
SMP
– February 2006
Early contract price settlements suggest that average coal contract prices will ease somewhat relative to 2005/06 prices, in line with softer spot prices for most types of coal. ... At this level, the exchange rate is restraining activity in some
https://www.rba.gov.au/publications/smp/2006/feb/balance-of-payments.html
International and Foreign Exchange Markets
10 May 2014
SMP
– May 2014
balance sheet still growing rapidly and the European Central Bank (ECB) signalling its willingness to ease policy further if needed. ... In contrast, the Bank of Japan (BoJ) has continued to expand its balance sheet rapidly, in line with the guidance
https://www.rba.gov.au/publications/smp/2014/may/intl-fx-mkts.html
Box B: Chinese Capital Outflows
27 Nov 2015
SMP
– November 2015
selling or letting mature US$75 billion of its foreign exchange reserves as private capital outflows began to exceed the country's current account surplus. ... Exporters and importers also appear to account for most of the trends in ‘net errors &
https://www.rba.gov.au/publications/smp/2015/nov/box-b-chinese-capital-outflows.html
International and Foreign Exchange Markets
27 Nov 2017
SMP
– November 2017
These perceptions stem, in part, from reductions in the current account deficits and increases in the levels of foreign exchange reserves of those countries that had appeared most vulnerable to capital ... This has coincided with the trade balance moving
https://www.rba.gov.au/publications/smp/2017/nov/international-and-foreign-exchange-markets.html
International and Foreign Exchange Markets
10 Feb 2018
SMP
– February 2018
The reduction in the current account deficit over recent years has coincided with the trade balance moving into surplus, due to higher resource export revenues. ... Net capital inflows to Australia remain modest, consistent with the small current account
https://www.rba.gov.au/publications/smp/2018/feb/international-and-foreign-exchange-markets.html
Box C: Reserve Bank Open Market Operations
10 Nov 2007
SMP
– November 2007
By injecting or withdrawing funds, open market operations affect the aggregate balance of financial institutions' Exchange Settlement (ES) accounts at the Bank – these balances are used for settling transactions with each ... Over recent years, foreign
https://www.rba.gov.au/publications/smp/2007/nov/box-c.html
Economic Outlook
10 Feb 2019
SMP
– February 2019
The federal government budget is expected to return to surplus over the coming years. ... The depreciation of the exchange rate since the November Statement provides some offsetting effect.
https://www.rba.gov.au/publications/smp/2019/feb/economic-outlook.html
International and Foreign Exchange Markets
10 Feb 2015
SMP
– February 2015
that the decline in oil prices will reduce its current account deficit (Graph 2.11). ... The PBC's modest net sales of foreign currency over the latter half of 2014 indicate that net private capital outflows from China broadly offset China's current
https://www.rba.gov.au/publications/smp/2015/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
11 Aug 2015
SMP
– August 2015
years. The European Central Bank (ECB) continued to expand its balance sheet rapidly over recent months (Graph 2.2). ... interest or principal is paid to European governments (which account for the majority of its obligations; Table 2.2).
https://www.rba.gov.au/publications/smp/2015/aug/02-international-and-foreign-exchange-markets.html