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RBA Glossary definition for foreign-currency liquidity

foreign-currency liquidity – The capacity to exchange foreign currency for domestic currency without significantly moving the exchange rate. The extent to which a foreign currency may be traded readily without causing a significant movement in price.

RBA Glossary definition for liquidity

liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.

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Summary

11 Feb 2020 DOCX 175KB
The RBA determined to continue monitoring the use of foreign-issued cards in Australia, supported by undertakings from the payment schemes. ... ANZ recognises the importance of cross-border payments. We are currently implementing changes following the
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX