Search: Exchange Settlement Account
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
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International and Foreign Exchange Markets
10 Nov 2012
SMP
– November 2012
capital. Foreign exchange markets have also been influenced by recent central bank policy measures announced in Europe and the United States. ... Notably, China and Taiwan signed a Memorandum of Understanding to establish a clearing and settlement
https://www.rba.gov.au/publications/smp/2012/nov/intl-fx-mkts.html
Box B: The Greek Private Sector Debt Swap
10 May 2012
SMP
– May 2012
Credit event auctions are the standard mechanism used in the settlement of CDS contracts after a credit event has been declared. ... billion, once the value of offsetting transactions between counterparties was taken into account (Graph B3).
https://www.rba.gov.au/publications/smp/2012/may/box-b.html
International and Foreign Exchange Markets
10 Aug 2012
SMP
– August 2012
European developments have also continued to be the dominant influence on foreign exchange markets. ... exchange holdings, which suggest that sizeable purchases of foreign exchange have been required to defend the Swiss franc ceiling against the euro
https://www.rba.gov.au/publications/smp/2012/aug/intl-fx-mkts.html
Domestic Economic Conditions
10 Nov 2016
SMP
– November 2016
The depreciation of the exchange rate since early 2013 has supported growth in non-mining exports. ... the annual national accounts, contain the most recent data on quarterly movements in GDP.
https://www.rba.gov.au/publications/smp/2016/nov/domestic-economic-conditions.html
Domestic Financial Markets
10 Aug 2013
SMP
– August 2013
These instruments represent investments in CGS, but will be held as depositary interests within CHESS, a securities settlement system operated by the ASX. ... The relatively attractive pricing of at-call savings accounts has continued to drive a
https://www.rba.gov.au/publications/smp/2013/aug/dom-fin-mkts.html
International and Foreign Exchange Markets
10 Aug 2009
SMP
– August 2009
Developments in foreign exchange markets have been largely consistent with changes in general financial market sentiment. ... Overall, volatility in foreign exchange is well below the peaks seen late last year but nonetheless remains above average.
https://www.rba.gov.au/publications/smp/2009/aug/intl-fx-mkts.html
Domestic Financial Markets
10 Feb 2012
SMP
– February 2012
The domestic interbank money market has continued to function smoothly. The level of exchange settlement balances has generally been maintained at around $1 billion, except over year-end when, as usual, ... the compensation required by investors globally
https://www.rba.gov.au/publications/smp/2012/feb/dom-fin-mkts.html
Box A: Emerging Market Vulnerabilities and Financial Conditions in Advanced Economies
5 May 2021
SMP
– May 2021
Many EMEs have current account deficits, which necessarily involve net capital inflows from foreign investors. ... of the Bank for International Settlement's Annual General Meeting, Basel, 30 June.
https://www.rba.gov.au/publications/smp/2021/may/box-a-emerging-market-vulnerabilities-and-financial-conditions-in-advanced-economies.html
Domestic Financial Markets
10 Nov 2010
SMP
– November 2010
Through its market operations, the Reserve Bank has generally maintained exchange settlement (ES) balances around $1 billion, and the cash rate has traded at target on all days. ... BHP's bid for Canadian group PotashCorp of around $43 billion and
https://www.rba.gov.au/publications/smp/2010/nov/dom-fin-mkts.html
International and Foreign Exchange Markets
10 Nov 2009
SMP
– November 2009
The effective overnight rate in the euro area has remained around 0.4 per cent since settlement of the June operation. ... In general, exchange rates have followed their trends since March, broadly reflecting the ongoing improvements in financial
https://www.rba.gov.au/publications/smp/2009/nov/intl-fx-mkts.html