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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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Operations in Financial Markets

27 Oct 2022 RBA Annual Report – October 2022
These swaps do not affect the exchange rate. The Bank had A$8.6 billion in long-term swaps outstanding at the end of June 2022. ... c) In accordance with IMF guidelines, forward commitments reflect notional values of unsettled spot and forward
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html

The Australian Dollar: Thirty Years of Floating

21 Nov 2013 Speech
Glenn Stevens
Speech by Glenn Stevens to the Australian Business Economists' Annual Dinner, Sydney
https://www.rba.gov.au/speeches/2013/sp-gov-211113.html

Risk Management

16 Oct 2015 RBA Annual Report – 2015
The Australian dollar value of the Reserve Bank's portfolio rose over 2014/15, resulting in an increase in exchange rate risk. ... This involves the Bank receiving and remitting collateral to cover exposures on foreign exchange swaps generated by
https://www.rba.gov.au/publications/annual-reports/rba/2015/risk-management.html

Exchange Rates and their Measurement

26 May 2023 PDF 260KB
FloatingAustralia has had a floating exchange rate regime since 1983. This is a common type of exchange rate regime as it contributes to macroeconomic stability by cushioning economies from shocks and ... A floating exchange rate can result in larger and
https://www.rba.gov.au/education/resources/explainers/pdf/exchange-rates-and-their-measurement.pdf

Drivers of the Australian Dollar Exchange Rate

24 May 2023 PDF 388KB
Australia has a floating exchange rate, which means that movements in the Australian dollar exchange rate are determined by the demand for, and supply of, Australian dollars in the foreign exchange ... Despite having a floating exchange rate, the RBA can
https://www.rba.gov.au/education/resources/explainers/pdf/drivers-of-the-australian-dollar.pdf

Exchange Rate Regimes and the Volatility of Financial Prices: The Australian Case

19 Nov 2012 RDP PDF 918KB
less (and that of exchange rates greater) under a floating exchange rate. ... volatile, and interest rates relatively less volatile, under a floating. exchange rate regime, is robust to such alternative specifications may remain.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8608.pdf

Statement on Monetary Policy

10 May 2002 Bulletin – May 2002
Graph 21. A range of factors has helped the exchange rate to strengthen in recent months. ... See Box B for a more general discussion of equity flows and the exchange rate.).
https://www.rba.gov.au/publications/bulletin/2002/may/1.html

Statement on Monetary Policy

10 Nov 2001 Bulletin – November 2001
This and the share market's resilience have in general supported the exchange rate. ... oil prices, an increase in taxes on tobacco and the depreciation of the exchange rate.
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html

Statement on Monetary Policy

10 Feb 2002 Bulletin – February 2002
The exchange rate has been relatively stable since early 2001 in trade-weighted terms. ... However, most foreign exchange transactions were undertaken at the floating rate, with the official rate abandoned in early February.
https://www.rba.gov.au/publications/bulletin/2002/feb/1.html

Speech to Asia Pacific Forex Congress

27 Nov 1998 Speech
Ian Macfarlane
Speech by Ian Macfarlane to Asia Pacific Forex Congress, Sydney
https://www.rba.gov.au/speeches/1998/sp-gov-271198.html