Search: 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.
Search Results
Modelling the Australian Exchange Rate, Long Bond Yield and Inflationary Expectations
1 Dec 2009
RDP
PDF
170KB
interest rates are above domestic rates, thecurrent value of the exchange rate must be below its equilibrium value. ... 5. exchange rate misalignments. Furthermore, the calculation of equilibrium realexchange rates as a basis for policy depends on an
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9608.pdf
The Performance of Exchange Rate Forecasts
19 Nov 2012
RDP
PDF
692KB
ABSTRACT. Since the floating of the Australian dollar the forecasting of exchange rate. ... compared. 5 The results of this comparison for the $A/Us$ exchange rate.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8609.pdf
Current Account Deficits: The Australian Debate
12 Mar 2007
RDP
PDF
289KB
interest rate settings to exchange rates (Grenville 1997; Macfarlane 1991). ... even operate in the opposite direction if higher interest rates produced an exchange rate appreciation.
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-02.pdf
Equilibrium Exchange Rates and a Popular Model of International Asset Demands: An Inconsistency
19 Nov 2012
RDP
PDF
1078KB
are capable of pricing the assets only when the exchange rate parameters are. ... constraints imposed by balance of payments equilibrium. 4 Moreover, real. exchange rates do not posses idiosyncratic risk - instantaneous exchange rate.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8610.pdf
Monetary Policy and the Exchange Rate: Evaluation of VAR Models
30 Sep 2010
RDP
PDF
334KB
shocks,in line with Scholl and Uhlig (2008), the exchange rate puzzle remains. ... 0.2. -0.1. 0.0. % Output. Quarters. %. %%. Inflation. Interest rate Real exchange rate.
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-07.pdf
Exchange Rate Pass-through: The Different Responses of Importers and Exporters
30 Nov 2009
RDP
PDF
114KB
Consequently, the lack of substitution in domestic productionbetween importables and non-traded goods, as implied by high rates of importpenetration, must be attributable to factors other than the exchange rate. ... Authority (1989) conducted an inquiry
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9304.pdf
The Origin of the Asian Financial Turmoil
1 Dec 2009
RDP
PDF
451KB
This comparison of movements of real effective exchange rates in the 1990ssuggests that, uncertainty about equilibrium real exchange rates notwithstanding, inmid 1997 the extent of any exchange rate misalignments was quite ... Firstly, the ASEAN-4
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9805.pdf
Inflation Targeting and Exchange Rate Fluctuations in Australia
1 Dec 2009
RDP
PDF
492KB
This exchange rate effect works inconjunction with the aggregate demand channel of monetary policy whereby adecrease in interest rates stimulates aggregate demand and increases inflation.Because monetary policy generally affects inflation
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-06.pdf
Profitability of Reserve Bank Foreign Exchange Operations: Twenty Years After the Float
2 Dec 2009
RDP
PDF
584KB
These rates reflect the average exchange rate at which the RBA added to or subtracted from its overall foreign currency position by entering into deals in the market or with its ... rates in the economy whose exchange rate is depreciating are on average
https://www.rba.gov.au/publications/rdp/2004/pdf/rdp2004-06.pdf
Modelling the Australian Dollar
1 Oct 2015
RDP
PDF
1421KB
One reason for these mixed results is that real exchange rates are typically measured by deflating the nominal exchange rate using a broad measure of relative price levels, such as one ... To this end, large parts of the theoretical and empirical
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-12.pdf