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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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Capital Flows and Exchange Rates

7 Dec 2006 7 Conferences PDF 86KB
RBA Conference Volume 1999
https://www.rba.gov.au/publications/confs/1999/pdf/grenville-gruen.pdf

The Impact of Monetary Policy on the Exchange Rate: A Study Using Intraday Data

1 Apr 2005 7 RDP 2005-02
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2005/2005-02.html
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Interest Rates and Exchange Rate Expectations in the RBA76 Model

1 Oct 1977 7 RDP 1977-06
Research Discussion Paper – RDP 1977-06 Interest Rates and Exchange Rate Expectations in the RBA76 Model.
https://www.rba.gov.au/publications/rdp/1977/7706/

Volatility of the Australian Dollar Exchange Rate

1 Dec 1990 7 RDP 9010
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1990/9010.html
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The International Environment

8 Nov 2019 7 SMP – November 2019
The US–China trade and technology disputes have escalated further since August with both countries raising tariff rates. ... August was having the desired effect on retail lending rates and the exchange rate.
https://www.rba.gov.au/publications/smp/2019/nov/the-international-environment.html

Australia's Recent Exchange Rate Experience

29 May 1992 7 Speech
Talk by Bernie Fraser to the Association Cambiste Internationale Congress, Sydney
https://www.rba.gov.au/speeches/1992/sp-gov-290592.html

A Change to the Cash Rate Assumption Method for the Forecasts

30 Jan 2026 7 Statistics
Assumptions about the cash rate
https://www.rba.gov.au/statistics/cash-rate/assumptions/index.html

The Exchange Rate and the Reserve Bank's Role in the Foreign Exchange Market

1 Jul 2020
When the Bretton Woods system broke down in the early 1970s, the major advanced economies floated their exchange rates. ... Graph 5. Estimates of real exchange rates adjust for this difference in inflation rates.
https://www.rba.gov.au/mkt-operations/ex-rate-rba-role-fx-mkt.html

The Exchange Rate, Monetary Policy and Intervention

3 Dec 1993 7 Speech
Talk by Ian Macfarlane to the Economic Society of Australia's Conference ‘A Decade of Floating the Exchange Rate: Looking Back and Looking Forward’, Sydney
https://www.rba.gov.au/speeches/1993/sp-dg-031293.html

Exchange Rates and Crises

28 Feb 2001 7 Bulletin PDF 62KB
Large movements in exchange rates havebeen the most prominent characteristic of thecurrent problems in a number of East Asiancountries. ... Onceexchange rates were floated, why didn’t higherinterest rates work more effectively to stabilisethe exchange
https://www.rba.gov.au/publications/bulletin/1998/feb/pdf/bu-0298-3.pdf