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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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Remarks at the Reserve Bank Board Dinner

3 May 2023 Speech PDF 208KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-05-02.pdf

The Economic Landscape in 2009

18 Mar 2010 Speech PDF 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

Monetary Policy in Australia: Complementarities and Trade-offs

26 Oct 2023 Speech PDF 821KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-10-24.pdf

The Economics of a Central Bank Digital Currency in Australia

7 Dec 2022 Speech PDF 685KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-12-08.pdf

Australian Securitisation Markets: Responding to Change

1 Dec 2023 Speech PDF 817KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-11-21.pdf

Cryptocurrencies and Distributed Ledger Technology

26 Jun 2018 Speech PDF 347KB
For example, the Reserve Bank maintains theledger of commercial banks' Exchange Settlement Account holdings. ... For example, it could allow the simultaneous exchange of money and otherassets on blockchains.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-06-26.pdf

Australian Financial Markets and Climate Change

15 Aug 2023 Speech PDF 597KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-08-08.pdf

The Australian Foreign Exchange Market in the Recovery

18 Mar 2010 Speech PDF 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 Speech PDF 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 Usual Transmission – Monetary Policy and Financial Conditions

13 Aug 2019 Speech PDF 471KB
Lending rates on outstanding loans to small businesses decreased byaround 20 basis points following the reduction in the cash rate in June (the latest data available).Small business lending rates remain ... That implies that the effect of monetary policy
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-08-13.pdf