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RBA Glossary definition for exchange rates

exchange rates – The price of one currency expressed in terms of another currency. Any exchange rate can be quoted two ways, e.g. Australian dollars per US dollar (USD/AUD) or US dollars per Australian dollar (AUD/USD). The convention for the Australian dollar is that it is quoted as the foreign currency price of the Australian dollar. This is sometimes referred to as the 'Indirect' method of quoting.

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2 December 2008 | Minutes of the Monetary Policy Meeting of the Board

16 Dec 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 December 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/02122008.html

1 August 2023 | Minutes of the Monetary Policy Meeting of the Board

15 Aug 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 August 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-08-01.html

7 October 2008 | Minutes of the Monetary Policy Meeting of the Board

21 Oct 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 October 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/07102008.html

2 June 2020 | Minutes of the Monetary Policy Meeting of the Board

16 Jun 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 June 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-06-02.html

7 March 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Mar 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 March 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-03-07.html

1 November 2022 | Minutes of the Monetary Policy Meeting of the Board

15 Nov 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 November 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-11-01.html

5 July 2022 | Minutes of the Monetary Policy Meeting of the Board

19 Jul 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 July 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-07-05.html

5 October 2021 | Minutes of the Monetary Policy Meeting of the Board

19 Oct 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 October 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-10-05.html

7 February 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-02-07.html

3 April 2007 | Minutes of the Monetary Policy Meeting of the Board

3 Apr 2007 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 April 2007
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2007/03042007.html