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RBA Glossary definition for floating exchange rate
floating exchange rate – Exchange rates determined by market forces based on the demand for and supply of a currency.
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The Australian Foreign Exchange Market in the Recovery
18 Mar 2010
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193KB
0.04. 0.05. 0.06. 0.07. Percentage of average daily exchange rate, 22-day moving averages. ... The Bank’s interventions were not designed to target any particular level of the exchange rate, but rather to enhance the functioning of the market.
https://www.rba.gov.au/speeches/2009/pdf/sp-ag-101209.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
9 May 2022
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197KB
Theeasing of monetary policy is also supporting a turnaround in housing investment and has also had aneffect on the exchange rate, which boosts demand for our exports. ... After considering this balance, the Board decided to maintain the cash rate
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-02-07.pdf
The RBA and the Australian Economy
16 Dec 2021
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367KB
At some point in the future, interest rates will increase from these record lows. ... It has led to lower funding costs, supported assetvalues and led to a lower exchange rate than would otherwise have been the case.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-16.pdf
A Monetary Policy Fit for the Future
22 Nov 2023
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612KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-11-22.pdf
30/06/2020 The Reserve Bank's Policy Actions and Balance Sheet ...
30 Jun 2020
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349KB
5. Setting the rate paid on Exchange Settlement (ES) balances at the RBA at 10 basis points. ... Foreign exchange intervention: a number of emerging economy central banks intervenedin their foreign exchange markets to support their exchange rates as they
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-06-30.pdf
Responding to the Economic and Financial Impact of COVID-19
23 Apr 2020
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131KB
It is also helping our trade-exposed industries through the exchange rate channel. ... We have chosen the three-year horizon as it influences funding rates across much of the Australianeconomy and is an important rate in financial markets.
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-03-19.pdf
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
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
Evolving Bank and Systemic Risk
16 Dec 2021
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364KB
They also, of course, face market risk with the potential for losses as a result of (unexpected)movements in financial asset values, such as commodities, exchange rates or interest rates. ... Banks hedge most of the interest rate risk from the maturity
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-12-16.pdf
A Matter of Diversity
29 Sep 2022
Speech
PDF
415KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-09-28.pdf