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RBA Glossary definition for exchange rates

exchange rates – The price of one currency expressed in terms of another currency. Any exchange rate can be quoted two ways, e.g. Australian dollars per US dollar (USD/AUD) or US dollars per Australian dollar (AUD/USD). The convention for the Australian dollar is that it is quoted as the foreign currency price of the Australian dollar. This is sometimes referred to as the 'Indirect' method of quoting.

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Ageing and Economic Growth in China

12 Nov 2025 7 RDP 2025-08
RDP 2025-09: Forecasts of Period-average Exchange Rates: Insights from Real-time Daily Data.
https://www.rba.gov.au/publications/rdp/2025/2025-08.html
See 7 more results from "RDP 2025-08"

Developments in Banks' Funding Costs and Lending Rates

20 Mar 2014 7 Bulletin – March 2014
This article updates previous Reserve Bank research on how developments in the composition and pricing of banks' funding have affected their overall cost of funding and the setting of lending rates (Deans and Stewart 2012; Robertson and Rush 2013).
https://www.rba.gov.au/publications/bulletin/2014/mar/8.html

Australian Growth | Chart Pack

18 Mar 2026 7 Chart Pack
A set of graphs on Australian Growth from the Chart Pack
https://www.rba.gov.au/chart-pack/au-growth.html

Profitability of Reserve Bank Foreign Exchange Operations: Twenty Years After the Float

1 Sep 2004 7 RDP 2004-06
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2004/2004-06.html
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Market Operations Resources – Statistics

25 Oct 2024
Exchange Rates; Exchange Rates Since 1983; Financial Markets (F Tables)
https://www.rba.gov.au/mkt-operations/resources/statistics.html

Risk Management

17 Oct 2019 7 RBA Annual Report – 2019
under short-term foreign exchange swaps (see the chapter on ‘Operations in Financial Markets’ for more detail). ... Exposures generated by movements in market exchange and interest rates are managed through daily two-way margining in Australian
https://www.rba.gov.au/publications/annual-reports/rba/2019/risk-management.html

RBA Annual Conferences

19 Sep 2025 7 Conferences
The Bank's Economic Group holds an annual Conference, the proceedings of which are published. The Conference Volume, containing revised papers and discussions, is released in hard copy and on the website within three months of the conference
https://www.rba.gov.au/publications/confs/

How Developments in International Financial Markets Shape Financial Conditions in Australia

26 Nov 2025 7 Speech
Speech delivered by Penelope Smith, Head of International Department, Australian Securitisation Conference, Sydney
https://www.rba.gov.au/speeches/2025/sp-so-2025-11-26.html

Semi-Annual Statement on Monetary Policy

10 May 1999 7 Bulletin – May 1999
Exchange rates in Asia showed little impact from the Brazilian devaluation and, more recently, have risen. ... The strengthening in exchange rates has allowed the authorities in all emerging markets to cut interest rates.
https://www.rba.gov.au/publications/bulletin/1999/may/1.html

Box A: Australia's Real Exchange Rate

15 May 2017 7 SMP – May 2017
Real exchange rates are often based on the relative prices of a basket of goods and services across countries (expressed in a common currency); measures of consumer price indices or GDP ... Most real exchange rates are measured as a (geometric) average
https://www.rba.gov.au/publications/smp/2017/may/box-a-australian-services-trade.html