Search: floating exchange rate
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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Discussion on Papers by Charles Wyplosz and Andrew Coleman | Conference – 2001
24 Jul 2001
Conferences
By and large, over the history of floating exchange rates, they do reflect relative economic circumstances. ... I think it is probably true to say that real exchange rates are more volatile, and ‘unreasonably’ so, for floating exchange rate economies
https://www.rba.gov.au/publications/confs/2001/wyplosz-coleman-disc.html
Discussion on The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
the benefits of fixed versus floating exchange rates; and. the rationale and effectiveness of sterilised foreign exchange market intervention. ... There was widespread, though not universal, acceptance of the proposition that, for Australia, a floating
https://www.rba.gov.au/publications/confs/1993/gruen-disc.html
Recent Thinking About Exchange Rate Determination and Policy | Conference – 1993
12 Jul 1993
Conferences
speculation?), his basic argument stands: the kind of irrational herding behaviour that opponents of floating exchange rates fear, should be ruled out by speculative efficiency. ... Should one have concluded from this that floating exchange rates are a
https://www.rba.gov.au/publications/confs/1993/krugman.html
The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
In a world of internationally mobile financial capital and floating rates, the old notion that the exchange rate is determined by the balance of payments has little credibility. ... inflation target in an economy with a floating exchange rate in the last.
https://www.rba.gov.au/publications/confs/1993/pitchford.html
Discussion on Recent Thinking About Exchange Rate Determination and Policy | Conference – 1993
12 Jul 1993
Conferences
policies in a world of floating exchange rates and a high degree of international capital mobility. ... the tendency for nominal and real exchange rates to move together under a floating rate regime is explained by the contrast between the behaviour of
https://www.rba.gov.au/publications/confs/1993/mussa-disc.html
Risk Management
16 Oct 2015
RBA Annual Report
– 2015
The Australian dollar value of the Reserve Bank's portfolio rose over 2014/15, resulting in an increase in exchange rate risk. ... This involves the Bank receiving and remitting collateral to cover exposures on foreign exchange swaps generated by
https://www.rba.gov.au/publications/annual-reports/rba/2015/risk-management.html
Capital Flows and Exchange Rates | Conference – 1999
9 Aug 1999
Conferences
No-one has yet been able to uncover macroeconomic fundamentals that explain more than a modest fraction of year-to-year changes in industrial-country floating exchange rates. ... And sure enough, floating exchange rates do work pretty well for First
https://www.rba.gov.au/publications/confs/1999/grenville-gruen.html
The Role of the Exchange Rate in Monetary Policy – the Experience of Other Countries | Conference – 1993
12 Jul 1993
Conferences
If the exchange rate appreciates, interest rates can fall, consistent with an unchanged inflationary pressure. ... If the exchange rate depreciates, then interest rates must be raised to preserve the same counter-inflationary stance of policy.
https://www.rba.gov.au/publications/confs/1993/artis.html
Discussion on The Case for a Basket, Band and Crawl (BBC) Regime for East Asia | Conference – 2001
24 Jul 2001
Conferences
often backed up by a currency board) on the one hand, or a cleanly floating exchange rate on the other. ... An analogy was drawn with the introduction of floating exchange rates – there was a lot of concern about their behaviour when they were first
https://www.rba.gov.au/publications/confs/2001/williamson-disc.html
Notes to and Forming Part of the Financial Statements
19 Oct 2023
RBA Annual Report
– October 2023
negative net interest income as increases in the domestic cash rate during 2022/23 resulted in the floating interest rate paid on most of the Banks liabilities, namely Exchange Settlement balances, ... The Effects of Changes in Foreign Exchange Rates.
https://www.rba.gov.au/publications/annual-reports/rba/2023/financial-statements/notes.html