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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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Statement by Philip Lowe, Governor: Monetary Policy Decision - September 2021

7 Sep 2021 7 Media Releases
As vaccination rates increase further and restrictions are eased, the economy should bounce back. ... Borrowing rates are at record lows, sovereign bond yields are at very low levels and the exchange rate has depreciated over recent months.
https://www.rba.gov.au/media-releases/2021/mr-21-19.html

Australia's Prosperous 2000s: Housing and the Mining Boom | Conference – 2011

24 Jul 2000 7 Conferences
As a result, Asia's share (excluding Japan) of world GDP, at market exchange rates, has increased from around 10 per cent in 2000 to 17 per cent in 2010. ... The difference in the price response is not simply because China is a larger country; at market
https://www.rba.gov.au/publications/confs/2011/kearns-lowe.html

Retail Payments October 2025

24 Mar 2026 7 Statistics
Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue. ... Historical levels and growth rates for the retail payments statistics may be revised due to the resubmission of data by some reporting
https://www.rba.gov.au/statistics/frequency/retail-payments/2025/retail-payments-1025.html

Retail Payments August 2025

24 Mar 2026 7 Statistics
Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue. ... Historical levels and growth rates for the retail payments statistics may be revised due to the resubmission of data by some reporting
https://www.rba.gov.au/statistics/frequency/retail-payments/2025/retail-payments-0825.html

Retail Payments June 2025

24 Mar 2026 7 Statistics
Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue. ... Historical levels and growth rates for the retail payments statistics may be revised due to the resubmission of data by some reporting
https://www.rba.gov.au/statistics/frequency/retail-payments/2025/retail-payments-0625.html

Panel Participation at the ASIC Annual Forum

21 Nov 2023 7 Speech
Panel Participation at the ASIC Annual Forum, Melbourne
https://www.rba.gov.au/speeches/2023/sp-gov-2023-11-21.html

The Growth of Asia and Some Implications for Australia

19 Oct 2009 7 Speech
Speech by Philip Lowe to Citi Australia Inaugural Australian Investment Conference, Sydney
https://www.rba.gov.au/speeches/2009/sp-ag-191009.html

Medium-Term Economic Prospects for Australia

14 Oct 2002 7 Speech
Speech by Glenn Stevens to the 40th Australia-Japan Joint Business Conference, Sydney
https://www.rba.gov.au/speeches/2002/sp-dg-141002.html

Australia in Hock?

30 Nov 1995 7 Speech
Talk by Bernie Fraser to the CEDA (Committee for Economic Development of Australia) Annual General Meeting Dinner, Sydney
https://www.rba.gov.au/speeches/1995/sp-gov-301195.html

The Macroeconomic Environment

10 Mar 2004 7 FSR – March 2004
The low level of interest rates in the US, combined with the large US current account deficit, is also fuelling a major realignment of exchange rates, with the US dollar depreciating ... Fluctuations in exchange rates and market interest rates also pose
https://www.rba.gov.au/publications/fsr/2004/mar/mac-env.html