Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
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Currency Crises and Macroeconomic Performance
2 Dec 2009
RDP
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135KB
A twin crisis follows when the rise in world interest rates and the shock to the currency force banks to stem bank runs by raising the deposit rate, rd. ... raise rates on their liabilities in a bid to stem a bank run.
https://www.rba.gov.au/publications/rdp/2002/pdf/rdp2002-08.pdf
Indicators of Inflationary Pressure
31 Jan 2006
RDP
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402KB
base. cl-<. cap. Sep-90 -. 0.012. 0.014. 0.013. 0.010. 1 U-U 1 Acr. ... Prescott, Edward C. (1986), 'Theory Ahead of Business Cycle Measurement ", Federal Reserve Bank of Minneapolis Quarterly Review, 10, 9-22.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9207.pdf
The Failure of Uncovered Interest Parity: Is it Near-rationality in the Foreign Exchange Market?
18 Apr 2007
RDP
PDF
250KB
uL1). Further,. define cl by the equation. Finally, define ca as the arithmetic average of c;, over the sample. ... With the exception of the $A Euro-rate, this data was also provided by the International Department of the Reserve Bank of Australia.
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9103.pdf
Numerical Solution of Rational Expectations Models With and Without Strategic Behaviour
19 Nov 2012
RDP
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549KB
The views expressed do not necessarily reflect those of the Reserve Bank of Australia. ... u210luliXT u210lu2iUlT u210lu3iET Cl = O. This can be stacked for each country and rewritten:.
https://www.rba.gov.au/publications/rdp/1987/pdf/rdp8706.pdf
Forthcoming in Economic Record December 1983 ECONOMIC FORECASTS AND ...
23 Feb 2017
RDP
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762KB
I.J. Macfarlane and J.R. Hawkins. Reserve Bank of Australia. Reserve Bank of Australia. ... economic institution, the economic departments of trading. banks, other financial institutions and a public company.
https://www.rba.gov.au/publications/rdp/1983/pdf/rdp8302.pdf
ATM Fees, Pricing and Consumer Behaviour: An Analysis of ATM Network Reform in Australia
28 Jan 2015
RDP
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739KB
This is solved first. Then the consumers’ bank-choice problem and the banks’ profit maximisation problem to determine fees are solved. ... 4.4 The Bank’s Problem (Two Banks). Banks derive revenue from fees charged to customers and (in the
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-03.pdf
Explaining Import Price Inflation: A Recent History of Second Stage Pass-through
30 Nov 2009
RDP
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105KB
Any errors are ours alone. Theviews expressed herein are those of the authors and do not necessarily reflect thoseof the Reserve Bank of Australia. ... The exchange rate is the Reserve Bank's trade weighted index (TWI) inverted so that a rise in.
https://www.rba.gov.au/publications/rdp/1994/pdf/rdp9407.pdf
Operating Objectives for Monetary Policy
19 Nov 2012
RDP
PDF
839KB
Views expressed in this paper are those of the author and not necessarily those of the Reserve Bank. ... Freedman, C. (1989), "Monetary Policy in the 1990s- Lessons and Challenges", Federal Reserve Bank of Kansas City.
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9007.pdf
The Intertemporal Government Budget Constraint and Tests for Bubbles
19 Nov 2012
RDP
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650KB
The views expressed are those of the authors and should not be interpreted as views of the Reserve Bank of Australia. ... by the Reserve Bank. Seignorage therefore became the residual. financing instrument of the primary deficit in Australia over the.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8809.pdf
Monetary Policy, Equity Markets and the Information Effect
24 Oct 2021
RDP
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1573KB
central banks devote to analysing and forecasting the economy. In Australia, the Reserve Bank of. ... because the central bank has upgraded its economic outlook, this would produce responses.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-04.pdf