Search: floating exchange rate
Did you mean
latest exchange rates?
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.
Search Results
A Model with Anchored and Rational Traders
1 Jun 1993
RDP
9307
Download the Paper 119. KB. There are two features of the floating exchange rate environment we want to capture in a model. ... m. and σ. e. , are derived from data on interest differentials and floating exchange rates.
https://www.rba.gov.au/publications/rdp/1993/9307/model-with-anchor.html
Introduction
1 Jun 1993
RDP
9307
Download the Paper 119. KB. The short-run behaviour of floating exchange rates has baffled economists for at least a decade. ... bias of the forward discount as an estimate of the future exchange rate change.
https://www.rba.gov.au/publications/rdp/1993/9307/introduction.html
References
1 Jun 1993
RDP
9307
Cumby, R. E. and M. Obstfeld (1984), ‘International Interest Rate and Price Level Linkages under Flexible Exchange Rates’, in J. ... International Currency Experience. , League of Nations, Geneva. Obstfeld, M. (1985), ‘Floating Exchange Rates:
https://www.rba.gov.au/publications/rdp/1993/9307/references.html