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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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Foreign Exchange Reserves and the Reserve Bank's Balance Sheet

10 Dec 2012 7 Bulletin – December 2012
A central bank accumulating and deploying unhedged reserves counter-cyclically should, over time, earn a capital gain from such activities, as long as exchange rates are ultimately mean reverting. ... A corollary of an unhedged foreign exchange position
https://www.rba.gov.au/publications/bulletin/2012/dec/7.html

Semi-Annual Statement on Monetary Policy

10 Nov 1999 7 Bulletin – November 1999
3.6. World. 4.2. 2.5. 2.3. 3.0. 3.5. (a) Using PPP exchange rates. ... Nevertheless, activity there remains vulnerable to recent increases in interest rates needed to maintain the exchange rate peg to the US dollar.
https://www.rba.gov.au/publications/bulletin/1999/nov/1.html

Foreign Exchange Exposures of Australian Banks

10 Aug 2000 7 Bulletin – August 2000
This measure encompasses exposures to exchange rate movements, as well as banks' exposures to movements in interest rates, and equity and commodity prices. ... Hence, there is no longer any foreign exchange risk associated with the financing of its
https://www.rba.gov.au/publications/bulletin/2000/aug/2.html

Exchange Rates and their Measurement

29 Apr 2024 PDF 259KB
Exchange Rates and their Measurement. RESERVE BANK OF AUSTRALIA | Education 1Exchange Rates and their Measurement. ... Measuring Exchange Rates. Bilateral exchange rateThere are many ways to measure an exchange rate.
https://www.rba.gov.au/education/resources/explainers/pdf/exchange-rates-and-their-measurement.pdf

Risk Management

27 Oct 2022 7 RBA Annual Report – October 2022
The value of the Reserve Bank’s financial assets is also exposed to movements in market interest rates. ... Exposures generated by movements in market exchange and interest rates and gold prices are managed through daily two-way margining in Australian
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

Exchange Rates and Inflationary Pressures

23 Oct 2022 7 Speech PDF 778KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-24.pdf

Notes to and Forming Part of the Financial Statements

19 Oct 2023 7 RBA Annual Report – October 2023
The Effects of Changes in Foreign Exchange Rates. Valuation gains or losses on foreign currency are taken to net profit. ... Interest revenue and expenses and revaluation gains and losses on foreign currency investments are converted to Australian
https://www.rba.gov.au/publications/annual-reports/rba/2023/financial-statements/notes.html

Business Sector | Chart Pack

18 Mar 2026 7 Chart Pack
A set of graphs on the Business Sector from the Chart Pack
https://www.rba.gov.au/chart-pack/business-sector.html

Bond Issuance | Chart Pack

18 Mar 2026 7 Chart Pack
A set of graphs on Bond Issuance from the Chart Pack
https://www.rba.gov.au/chart-pack/bond-issuance.html

The Australian Dollar: Thirty Years of Floating

21 Nov 2013 7 Speech
Speech by Glenn Stevens to the Australian Business Economists' Annual Dinner, Sydney
https://www.rba.gov.au/speeches/2013/sp-gov-211113.html