Search: floating exchange rate
RBA Glossary definition for floating exchange rate
floating exchange rate – Exchange rates determined by market forces based on the demand for and supply of a currency.
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The Central Bank's First Economist
9 Dec 2021
Bulletin
– December 2021
In 1930, when officials from the Bank of England came to Australia to assist Australian governments with their budgetary problems, they found that the original Commonwealth Bank, then Australia’s central bank, did not have an economist on its
https://www.rba.gov.au/publications/bulletin/2021/dec/the-central-banks-first-economist.html
Commodity Prices and Macroeconomic Policy: An Australian Perspective
10 Jul 2008
Bulletin
– July 2008
Obviously, monetary policy has to consider its response. One of the things that can help is an appreciation in the nominal exchange rate. ... Australia has a floating exchange rate, so for us, as for Canada, a key question in adjusting to commodity price
https://www.rba.gov.au/publications/bulletin/2008/jul/2.html
Foreign Currency Exposure and Hedging in Australia
16 Mar 2023
Bulletin
– March 2023
The 2022 Survey of Foreign Currency Exposure confirms that Australian entities’ financial positions, in aggregate, are well protected against a depreciation of the Australian dollar.
https://www.rba.gov.au/publications/bulletin/2023/mar/foreign-currency-exposure-and-hedging-in-australia.html
Recent Developments in the Semi-government Bond Market
25 Jan 2024
Bulletin
– January 2024
The market for Australian state and territory government bonds is often referred to as the market for ‘semis’.
https://www.rba.gov.au/publications/bulletin/2024/jan/recent-developments-in-the-semi-government-bond-market.html
Statement on Monetary Policy
10 Aug 2003
Bulletin
– August 2003
China to free up its exchange rate, with the implication that it should appreciate. ... Graph C3. Another gauge of the anticipated direction of a change in the value of renminbi is the NDF rates relative to the spot exchange rate.
https://www.rba.gov.au/publications/bulletin/2003/aug/1.html
Australian Financial Markets
10 Jun 2002
Bulletin
– June 2002
One party may have a floating rate liability and will be worried that interest rates will rise (making its obligation more expensive). ... To protect against this eventuality, it can exchange its stream of floating rate payments with a fixed stream so as
https://www.rba.gov.au/publications/bulletin/2002/jun/2.html
Foreign Currency Exposure and Hedging in Australia
15 Mar 2023
Bulletin
- March 2023
PDF
832KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/foreign-currency-exposure-and-hedging-in-australia.pdf
Statement to Parliamentary Committee
22 Feb 2001
Bulletin
PDF
25KB
The domestic economy hasalso benefited because we have not had to putup interest rates in order to maintain ourexternal parity (as in a fixed exchange rate)or to prop up a ... This new less volatile environmentallows the floating exchange rate to do its
https://www.rba.gov.au/publications/bulletin/1999/jan/pdf/bu-0199-3.pdf
Bulletin December Quarter 2017
10 Feb 2020
Bulletin
PDF
6688KB
maturing FX swaps if the exchange rate continued to depreciate in the short term. ... market to trade at interest rates well above the central bank’s operational target for the money market interest rate.
https://www.rba.gov.au/publications/bulletin/2017/dec/pdf/bu-1217-reserve-bank-bulletin.pdf
Economic and Financial Research in the Reserve Bank in 2001
10 Jan 2002
Bulletin
– January 2002
In this situation, a floating exchange rate in conjunction with inflation targeting is an obvious policy alternative. ... He points to evidence that floating exchange rates can be subject to fads and bubbles, and argues that this behaviour imposes
https://www.rba.gov.au/publications/bulletin/2002/jan/1.html