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RBA Glossary definition for TWI

TWI – Trade-weighted index. The TWI is the weighted average value of the Australian dollar in relation to the currencies of Australia's trading partners. The base level was set at 100 in May 1970. The TWI is calculated daily at 4 pm.

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Empirical Estimates

31 Dec 2003 RDP 2003-03
Nikola Dvornak, Marion Kohler and Gordon Menzies
twi. On the demand side, overseas consumers can buy the Australian good for p. ... Table 2 summarises the results for the implied trade-weighted exchange rate index (TWI) equilibrium evaluated at some alternative reference points.
https://www.rba.gov.au/publications/rdp/2003/2003-03/empirical-estimates.html

Appendix B: Estimation Results

31 Dec 2003 RDP 2003-03
Nikola Dvornak, Marion Kohler and Gordon Menzies
twi. is the effective exchange rate, p. cpi. is Australian CPI, and y. ... twi. is the effective exchange rate, p. ppi. is the Australian PPI, and y is Australian GDP.
https://www.rba.gov.au/publications/rdp/2003/2003-03/appendix-b.html

Appendix A: Data

31 Dec 2003 RDP 2003-03
Nikola Dvornak, Marion Kohler and Gordon Menzies
World export prices. Definition:. Trade-weighted world export price index. Source:. Own calculation using the TWI weights and the export price series for each country from Datastream (1970:Q2–2002:Q2).
https://www.rba.gov.au/publications/rdp/2003/2003-03/appendix-a.html