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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Australia’s Real Exchange Rate – Is it Explained by the Terms of Trade or by Real Interest Differentials?
30 Nov 2009
RDP
PDF
530KB
These graphs provide some evidence that in the most recent period, relatively high Australian real interest rates have tended to keep the real exchange rate high. ... c) Series Used in Estimations. Quarterly Series:. RER log of Australia's real exchange
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9108.pdf
The Relationship between Financial Indicators and Economic Activity: Some Further Evidence
19 Nov 2012
RDP
PDF
1506KB
In an open economy, a floating exchange rate means that changes in monetary policy can affect output of the tradeable goods sector, through the link between interest rates and the exchange ... Sarlo (1979) found that, for Canada, the question of whether
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8903.pdf
The Model
22 Nov 2016
RDP
2016-07
Each market could represent a particular product: one market might represent 10-year Australian dollar-denominated fixed-for-floating interest rate swaps; another, 1-year Japanese yen-denominated overnight index swaps; ... β. 0.9975. Discount rate. σ. A
https://www.rba.gov.au/publications/rdp/2016/2016-07/model.html
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Results
1 Jan 1992
RDP
9201
Macfarlane and Tease (1989) argue that for some of the floating period the relationship between the exchange rate and interest rates was dominated by a policy reaction function from the exchange ... Unlike the decompositions for the real exchange rates,
https://www.rba.gov.au/publications/rdp/1992/9201/results.html
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A History of Australian Equities
31 Jul 2019
RDP
PDF
1467KB
exchanges. Around this time, companies on the Sydney Stock Exchange had an aggregate market capitalisation. ... Exchange) increased at an annual rate of 30 per cent between 1955 and 1975, and its market.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-04.pdf
Conclusion
1 Nov 1984
RDP
8403
Download the Paper 633. KB. This paper has attempted to show how a macroeconometric model can be adapted to handle changes of policy regime, such as the floating of the exchange ... In doing so, the approach has recognised the interdependence of the
https://www.rba.gov.au/publications/rdp/1984/8403/conclusion.html
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The Transmission of Terms of Trade Shocks
16 Oct 2009
RDP
2009-05
t. Floating exchange rate. t1. 0.09. 0.07. σ Terms of trade. ... t1. 0.03. 0.00. σ Terms of trade. t. Floating exchange rate.
https://www.rba.gov.au/publications/rdp/2009/2009-05/transmission-terms.html
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Modelling the Australian Dollar
1 Oct 2015
RDP
PDF
1421KB
In particular, the floating exchange rate has played a crucial role in buffering the Australian economy from external shocks, in part by allowing the Reserve Bank of Australia (RBA) to better ... Chen, Rogoff and Rossi 2010). While BEER models of major
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-12.pdf
The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows
18 Apr 2007
RDP
PDF
383KB
THE EFFECT OF STEADY INFLATION ON INTEREST RATES AND THE REAL EXCHANGE RATE. ... The model provides a simple description of a small open economy in a world of floating exchange rates and perfect capital mobility.
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9101.pdf
Terms of Trade Shocks: What are They and What Do They Do?
21 Dec 2011
RDP
2011-05
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2011/2011-05.html
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