Search: floating exchange rate
Did you mean
latest exchange rates?
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.
Search Results
The Performance of Exchange Rate Forecasts
1 Jul 1986
RDP
8609
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1986/8609.html
Introduction
1 Jul 1986
RDP
8609
Despite the importance of the foreign exchange market the ability of its participants to provide reasonable forecasts of future exchange rates has been questioned widely. ... and comments such as “predicting the exchange rate level of the $A even one
https://www.rba.gov.au/publications/rdp/1986/8609/introduction.html