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.
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Monetary Policy in 2020
24 Nov 2020
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404KB
deposits. Asset prices are also supported, which bolsters balance sheets ofhouseholds. Finally, the lower structure of interest rates leads to a lower exchange rate thanotherwise. ... The declinein interest rates across the yield curve has lowered the
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-11-24.pdf
The Economic Landscape in 2009
18 Mar 2010
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99KB
Address to Australian Industry Group Annual Economic Forum, Sydney, 4 March 2009
https://www.rba.gov.au/speeches/2009/pdf/sp-ag-040309.pdf
Australian Financial Markets and Climate Change
15 Aug 2023
Speech
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597KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-08-08.pdf
The Why, How and What of Forecasting
5 May 2023
Speech
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745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf
Today's Monetary Policy Decision
6 Jul 2021
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155KB
In turn, this has contributed to a lower exchange rate thanotherwise, freed up cash flows for households and businesses, and strengthened balance sheets bysupporting asset values. ... We want to see resultsbefore we change interest rates. Any increase in
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-07-06.pdf
The Usual Transmission – Monetary Policy and Financial Conditions
13 Aug 2019
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471KB
But that earlier rise in commodity prices mayhave been less supportive for the exchange rate than in the past for a number of reasons. ... That implies that the effect of monetary policy on the exchange rate has beenbroadly working as usual.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-08-13.pdf
8/30/2019 Panel participation by Philip Lowe, Governor, at the ...
30 Aug 2019
Speech
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184KB
prospered as a small open economy with a floating exchange rate and an open capital account. ... Exchange rate pass-through is fairly muted and inflation expectations are well anchored.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-08-25.pdf
12/04/2018 Reserve Management and International Financial Stability: Some Reflections ...
11 Apr 2018
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516KB
Precautionaryreserves are held to defend the exchange rate against destabilizing capital outflows; to grantemergency foreign currency liquidity assistance to banks; and to lean against disorderly marketconditions and/or valuation overshooting.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-03-23.pdf
A Matter of Diversity
29 Sep 2022
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415KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-09-28.pdf
From QE to QT – The next phase in the Reserve Bank's Bond Purchase Program
23 May 2022
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756KB
In this context, the bond purchase program wasdesigned to further ease financial conditions by lowering bond yields further out the curve andcontributing to downward pressure on the exchange rate. ... The decline in bond yields helped to lower financing
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-05-23.pdf