Search: latest exchange rates
RBA Glossary definition for exchange rates
exchange rates – The price of one currency expressed in terms of another currency. Any exchange rate can be quoted two ways, e.g. Australian dollars per US dollar (USD/AUD) or US dollars per Australian dollar (AUD/USD). The convention for the Australian dollar is that it is quoted as the foreign currency price of the Australian dollar. This is sometimes referred to as the 'Indirect' method of quoting.
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Domestic Financial Markets
10 Aug 2013
SMP
– August 2013
At-call deposits are yet to be repriced following the latest reduction in the cash rate. ... These reductions largely reflected movements in wholesale benchmark rates and the reduction in the cash rate.
https://www.rba.gov.au/publications/smp/2013/aug/dom-fin-mkts.html
Domestic Financial Conditions
9 Aug 2019
SMP
– August 2019
Banks have passed through most of the reductions in the cash rate to housing interest rates and to retail deposit rates. ... This is consistent with lower interest rate swap rates, which are often used as a pricing benchmark.
https://www.rba.gov.au/publications/smp/2019/aug/domestic-financial-conditions.html
Overview
4 Feb 2021
SMP
– February 2021
This included lower rates for the cash rate target, bond yield target, Term Funding Facility and remuneration on exchange settlement balances. ... The exchange rate is also lower than it otherwise would have been.
https://www.rba.gov.au/publications/smp/2021/feb/overview.html
International and Foreign Exchange Markets
10 Feb 2012
SMP
– February 2012
23). The apparent downward pressure on the renminbi in late 2011 was also reflected in the offshore (floating) renminbi exchange rate, which traded at a small discount to the onshore rate ... throughout this period, and in the non-deliverable forward
https://www.rba.gov.au/publications/smp/2012/feb/intl-fx-mkts.html
Box A: Central Bank Purchases of Government Bonds
6 Aug 2021
SMP
– August 2021
Bond purchases contribute to a decline in government bond yields. This contributes to lower yields on other assets as well as putting downward pressure on the exchange rate. ... Signalling low policy rates. : bond purchases can help to signal that the
https://www.rba.gov.au/publications/smp/2021/aug/box-a-central-bank-purchases-of-government-bonds.html
Economic Outlook
4 Feb 2021
SMP
– February 2021
4). (6). (4). (3). (3). (n/a). Unemployment rate. (c). 6.8. 6. ... 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
https://www.rba.gov.au/publications/smp/2021/feb/economic-outlook.html
Domestic Economic Conditions
9 May 2016
SMP
– May 2016
Demand for Australian production in trade-exposed industries continued to be boosted by the depreciation of the exchange rate since early 2013. ... Unemployment rates have fallen in New South Wales, Victoria and Queensland (Graph 3.20).
https://www.rba.gov.au/publications/smp/2016/may/domestic-economic-conditions.html
Introduction
10 Feb 2008
SMP
– February 2008
In addition to passing on the recent increases in the cash rate, lenders have raised the interest rates on their loan products in response to higher wholesale funding costs. ... The level of interest rates has been lifted to a position that is on the
https://www.rba.gov.au/publications/smp/2008/feb/intro.html
The International Environment
4 Feb 2021
SMP
– February 2021
These adjustments have been consistent with the stated goals of promoting a two-way opening of the capital account and having a more flexible, market-determined exchange rate. ... In New Zealand, market participants expect the policy rate to remain
https://www.rba.gov.au/publications/smp/2021/feb/the-international-environment.html
Domestic Financial Conditions
8 Nov 2019
SMP
– November 2019
This is consistent with lower rates on interest rate swaps, which are often used as a pricing benchmark for these loans. ... Lending rates on outstanding loans to small businesses decreased by around 40 basis points following the reductions in the cash
https://www.rba.gov.au/publications/smp/2019/nov/domestic-financial-conditions.html