Search: foreign-currency liquidity
RBA Glossary definition for foreign-currency liquidity
foreign-currency liquidity – The capacity to exchange foreign currency for domestic currency without significantly moving the exchange rate. The extent to which a foreign currency may be traded readily without causing a significant movement in price.
RBA Glossary definition for liquidity
liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.
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The Australian Policy Debate
31 Dec 2007
RDP
2007-02
These deficits needed to be financed out of net capital flows and foreign currency reserves, while large swings in net capital inflow could hamper policy-makers' efforts to contain growth in ... At the heart of this concern was the widespread sense that
https://www.rba.gov.au/publications/rdp/2007/2007-02/aus-pol-deb.html
See 4 more results from "RDP 2007-02"
Real Exchange Rates and the Globalisation of Financial Markets
31 Jan 2006
RDP
PDF
669KB
per unit of foreign currency, in period t. The inclusion of the nominal depreciation term is to capture valuation effects on the net interest component of the balance of payments and ... This process reduces liquidity constraints in a world where default
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9203.pdf
Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
19 Nov 2012
RDP
PDF
1267KB
RDP1990-02
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9002.pdf
Long-term Interest Rates, Risk Premia and Unconventional Monetary Policy
4 Apr 2011
RDP
PDF
518KB
But, the central bank’s ability tomaintain a given exchange rate with market forces that would otherwise depreciatethe domestic currency is limited by its stock of foreign reserves. ... The central bankcan buy foreign currency without bounds, but can
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-02.pdf
DSGE Reno: Adding a Housing Block to a Small Open Economy Model
11 Jun 2018
RDP
PDF
1710KB
their foreign currency exposures. Therefore, the domestic price is assumed to follow:. ... . (15). 11. where ,z tP. denotes the price in foreign currency terms, and St is the nominal exchange rate.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-04.pdf
Currency Crises and Macroeconomic Performance
2 Dec 2009
RDP
PDF
135KB
e = (natural logarithm of) the home-currency price of a unit of foreign currency;. ... by the crisis, and when the proportion of foreign currency denominated corporate debt is high.
https://www.rba.gov.au/publications/rdp/2002/pdf/rdp2002-08.pdf
The Supervisory Treatment of Banks’ Market Risk
30 Nov 2009
RDP
PDF
76KB
14 The Reserve Bank also applies overnight limits on banks' foreign currency exposures. ... An 'overall' foreignexchange position, in terms of long and short positions in each currency, wascalculated by summing the net open cash positions and foreign
https://www.rba.gov.au/publications/rdp/1994/pdf/rdp9408.pdf
Modern Approaches to Asset Price Formation: A Survey of Recent Theoretical Literature
30 Nov 2009
RDP
PDF
89KB
Speculation in foreign currency markets was thus perceived by Nurske as adestabilising influence, accentuating and prolonging what otherwise would be small andshort-term fluctuations of a currency around its long-run ... determination, this problem of
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9501.pdf
Modelling the Australian Dollar
1 Oct 2015
RDP
PDF
1421KB
In practice, a number of factors could influence the magnitude of this channel, including the extent to which export prices are denominated in local or foreign currency, the price elasticity of ... foreign demand for these exports, and whether the
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-12.pdf
Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime
19 Nov 2012
RDP
PDF
753KB
level, and include a random component, 8. Equation (7) specifies. the demand for money, with 1: reflecting shocks to liquidity. ... the nominal exchange rate (the domestic price of foreign currency), real government expenditure and foreign prices have no
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8909.pdf