Search: exchange settlement account policy
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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Domestic Financial Conditions
4 Aug 2023
SMP
– August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html
Domestic Financial Conditions
10 Nov 2023
SMP
– November 2023
Domestic Financial Conditions | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/domestic-financial-conditions.html
Domestic Financial Conditions
5 May 2023
SMP
– May 2023
Domestic Financial Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-financial-conditions.html
Domestic Financial Conditions
4 Nov 2022
SMP
– November 2022
Demand for short-term liquidity obtained at OMO has increased a little in recent months, but remains low relative to pre-pandemic activity, reflecting large Exchange Settlement balances. ... the exchange rate increased the Australian dollar value of gold
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html
Domestic Financial Conditions
10 Feb 2023
SMP
– February 2023
On the liabilities side, Exchange Settlement balances rose and government deposits declined, owing to an increase in net government spending and the maturity of the November 2022 AGS. ... the US policy rate will need to be (see chapter on The
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2022
SMP
– May 2022
program. In May, the Board increased the cash rate target by 25 basis points to 35 basis points, and the interest rate on Exchange Settlement balances from zero per cent to ... Valuation reserves reflect accumulated gains or losses on the Bank's
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
Risk premia have also risen alongside a higher perceived risk of upside surprises to inflation and policy rates. ... This change reflected the substantial increase in government debt and Exchange Settlement (ES) balances since the start of 2020, such
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
By lowering the structure of interest rates across the economy, the Reserve Bank's policy measures have contributed to a lower exchange rate than otherwise. ... Graph 3.6. Liquidity in the banking system – as measured by exchange settlement (ES)
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Financial Conditions
7 May 2024
SMP
– May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html
Domestic Financial Conditions
5 Aug 2022
SMP
– August 2022
The Board has increased the cash rate target and the interest rate on Exchange Settlement (ES) balances by 175 basis points since early May, to 1.85 per cent and ... The Australian dollar is also slightly higher against the Chinese renminbi – which
https://www.rba.gov.au/publications/smp/2022/aug/domestic-financial-conditions.html