Search: floating exchange rate

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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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Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Jun 2023 Media Releases
It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent. ... The unemployment rate increased slightly to 3.7 per cent in April and employment growth has moderated.
https://www.rba.gov.au/media-releases/2023/mr-23-13.html

2022 Triennial Central Bank Survey Results for Foreign Exchange and Derivative Markets – Australia

28 Oct 2022 Media Releases
This represented a 26 per cent increase in turnover at current exchange rates over the period, which is greater than the 14 per cent increase in global turnover over the same ... This represents an increase of 16 per cent at current exchange rates.
https://www.rba.gov.au/media-releases/2022/mr-22-35-tables.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Sep 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-23.html

Statement by Michele Bullock, Governor: Monetary Policy Decision

3 Oct 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-25.html

Statement by Michele Bullock, Governor: Monetary Policy Decision

7 Nov 2023 Media Releases
At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-30.html

Statement by the Reserve Bank Board: Monetary Policy Decision

6 Feb 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-24-01.html

Statement by Michele Bullock, Governor: Monetary Policy Decision

5 Dec 2023 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/2023/mr-23-35.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Aug 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-19.html

2019 BIS Triennial Survey Results ' Australia

17 Sep 2019 Media Releases
Turnover is little changed over this period at current exchange rates; however, this represents a 6 per cent increase at constant exchange rates. ... This represents an increase of 72 per cent at current exchange rates, or 85 per cent at constant
https://www.rba.gov.au/media-releases/2019/mr-19-25-tables.html

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