Search: Exchange Settlement Account
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
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OECD Country Experiences with Disinflation | Conference – 1992
10 Jul 1992
Conferences
REXCH = real exchange rate, 1980–81 as a percentage of 1970–79 average. ... similarly, an initially high level of the real effective exchange rate (i.e.
https://www.rba.gov.au/publications/confs/1992/schelde-andersen.html
Money and Finance | Conference – 1990
21 Jun 1990
Conferences
It also affects the exchange rate (also shown in Figure 3), which also has implications for monetary policy. ... This view seemed to change abruptly in 1985 as concern for the rising current account deficit and the instability in foreign exchange
https://www.rba.gov.au/publications/confs/1990/milbourne.html
European Financial Deregulation: The Pressures for Change and the Costs of Achievement | Conference – 1991
21 Jun 1991
Conferences
It is not surprising then to see that for many years Belgium had a dual exchange rate system. ... This to some degree was the British model. Exchange controls were eliminated in 1979.
https://www.rba.gov.au/publications/confs/1991/bisignano.html
Property Prices and Bank Risk-taking | Conference – 2012
20 Aug 2012
Conferences
A second complication can arise when capital accounts are open and ‘the impossible trinity’ comes into play. ... Countries with a fixed exchange rate regime simply do not have the option to use monetary policy.
https://www.rba.gov.au/publications/confs/2012/dellariccia.html
The Australian Economic ‘Miracle’: A View from the North | Conference – 2000
24 Jul 2000
Conferences
Finally I will return to the question of the current account and the savings/investment balance. ... by helping to internalise externalities from bargaining and the problems posed by the staggering of wage settlements.
https://www.rba.gov.au/publications/confs/2000/bean.html
Financial Markets, Institutions and Liquidity | Conference – 2013
19 Aug 2013
Conferences
This was because most historical financial crises involved the withdrawal of money from deposit accounts and the hoarding of this cash. ... Similarly, Afonso and Shin (2008) use lattice-theoretic methods to study liquidity and systemic risk in high-value
https://www.rba.gov.au/publications/confs/2013/allen-carletti.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
Borio and Zabai 2016). Also we focus exclusively on domestic transmission channels, thereby excluding the effect through the exchange rate. ... However, the empirical evidence suggests that, if anything, the impact of monetary policy shocks on exchange
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
Let's not spend any time on money targets or exchange rate targets. ... This regime broke down because of a vicious cycle between an increasing current account deficit, rising interest rates and an appreciating exchange rate – which suggested that the
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton-disc.html
Developments in the Business of Banking | Conference – 1996
9 Jul 1996
Conferences
Banks' access to the centralised clearing system, allowing for the settlement of all payments, and their exclusive ability to be able to offer cheque accounts (which once were virtually the only ... Banks no longer were the only organisations to offer
https://www.rba.gov.au/publications/confs/1996/joss.html
Global Economic Integration and Global Inequality | Conference – 2002
27 May 2002
Conferences
The current account deficit declined from more than 10 per cent of GDP in 1988 to zero in 1992. ... This conversion is best done with a purchasing power parity (PPP) exchange rate.
https://www.rba.gov.au/publications/confs/2002/dollar.html