Search: Exchange Settlement Account balances
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RBA Glossary definition for Exchange Settlement Account balances
Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.
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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Statement by the Reserve Bank Board: Monetary Policy Decision
19 Mar 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
Beyond the fact that most dealers net some foreign exchange settlements, their responses displayed little else in common. ... exchange settlement risk in much the same way as are transactions in USD/DEM, for example.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Jul 2022
Media Releases
At its meeting, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-20.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jun 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html
Payments System Board Update: February 2018 Meeting
23 Feb 2018
Media Releases
At its meeting today, the Payments System Board considered issues including the public launch of the New Payments Platform, least-cost routing of transactions on contactless debit cards, card-not-present fraud, technology and the evolving nature of
https://www.rba.gov.au/media-releases/2018/mr-18-04.html
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
b) Dealing counterparties and processes. With RTGS, dealing with banks or non-banks would be equally as effective in influencing banks’ exchange settlement balances. ... 4. balances in banks’ exchange settlement accounts at the end of the day.
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf
The Case for Real Time Gross Settlement (Media Release 1995-05 attachment 1)
9 Aug 2004
Media Release
PDF
106KB
In a RTGS system, a bank can make each payment only if it has adequate balances in its settlement account at the central bank. ... 4. Bank and Austraclear) would strengthen this position further. RITS already provides a facility for real-time funds
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-1.pdf
Information on Open Market Operations
19 Jun 2003
Media Releases
After consultation with financial market participants, the RBA has decided to increase the range of information published regarding its open market operations. Effective 20 June 2003, the RBA will publish a summary of each day's open market
https://www.rba.gov.au/media-releases/2003/mr-03-07.html
Liquidity Management - Prudential Statement D1
24 Jun 2002
Media Release
PDF
95KB
These policies and systems are to be observed at all times and reviewed to take account of changing circumstances. ... potential sources of volatility in assets and liabilities (and claims and obligations arising from off-balance sheet business);.
https://www.rba.gov.au/media-releases/1998/pdf/prud-stmt-d1.pdf
Application for an Exchange Settlement Account
1 Mar 1999
Media Releases
Application for an Exchange Settlement Account
https://www.rba.gov.au/media-releases/1999/mr-99-02-app.html