Search: Exchange Settlement Account balances
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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 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.
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Domestic Financial Markets
10 Feb 2009
SMP
– February 2009
The Reserve Bank has accommodated quite large shifts in Exchange Settlement (ES) balances in its domestic market operations to minimise any disruption to the cash market (Graph 61). ... Notwithstanding the large movements in ES balances, the cash rate
https://www.rba.gov.au/publications/smp/2009/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2011
SMP
– November 2011
Through its open market operations, the Reserve Bank has kept the level of exchange settlement (ES) balances steady at around $1 billion for more than 12 months, although temporarily higher demand ... for balances continues to be accommodated on key
https://www.rba.gov.au/publications/smp/2011/nov/dom-fin-mkts.html
Domestic Financial Markets
10 May 2009
SMP
– May 2009
The Bank has seen less need to accommodate large holdings of central bank balances by private banks, either in the form of overnight exchange settlement (ES) balances or term deposits ... Listed companies also increased the liquidity of their balance
https://www.rba.gov.au/publications/smp/2009/may/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2009
SMP
– August 2009
Aggregate exchange settlement (ES) balances held at the Reserve Bank by the commercial banks have been reduced from over $2 billion in May (and over $10 billion at their peak late ... Over the 12 months to June, there has been little growth in
https://www.rba.gov.au/publications/smp/2009/aug/dom-fin-mkts.html
Financial Conditions
6 Feb 2024
SMP
– February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html
Economic Outlook
7 Aug 2020
SMP
– August 2020
This shifting balance has implications for the path of the labour market recovery as well as output. ... Other policy measures that are not classified as income in the national accounts – most notably the temporary early withdrawals from superannuation
https://www.rba.gov.au/publications/smp/2020/aug/economic-outlook.html
Economic Outlook
4 Feb 2021
SMP
– February 2021
Forecast import growth has been revised up due to stronger domestic demand and the appreciation of the exchange rate, even though the appreciation of the Australian dollar is assumed to affect ... However, the broader outlook for public sector wages
https://www.rba.gov.au/publications/smp/2021/feb/economic-outlook.html
Box B: The Mining Sector and the External Accounts
10 Nov 2011
SMP
– November 2011
The mining boom is having a significant effect on Australia's external accounts. ... In the National Accounts and Balance of Payments, imports are recorded when ownership changes, which for high-value items often occurs over a number of quarters before
https://www.rba.gov.au/publications/smp/2011/nov/box-b.html
International Financial Conditions
7 Aug 2020
SMP
– August 2020
Most other advanced economy exchange rates, including the Australian dollar, have appreciated further over recent months. ... portfolio inflows are also likely to have contributed to the stability of the exchange rate since March.
https://www.rba.gov.au/publications/smp/2020/aug/international-financial-conditions.html
Economic Outlook
10 Nov 2023
SMP
– November 2023
Economic Outlook | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/economic-outlook.html