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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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Financing the Asian Century

10 Apr 2013 7 Speech
Speech by Glenn Stevens to the Asia-Pacific Financial Market Development Symposium, Sydney
https://www.rba.gov.au/speeches/2013/sp-gov-100413.html

Why Do Companies Hold Cash?

11 May 2016 7 RDP 2016-03
RDP 2016-05: Trade Invoicing Currency and First-stage Exchange Rate Pass-through. ... RDP 2016-04: Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States.
https://www.rba.gov.au/publications/rdp/2016/2016-03/
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Introduction | Conference – 1999

9 Aug 1999 7 Conferences
Fixed exchange rates deprive an economy of a valuable price mechanism for adjusting to shocks and create an exit problem when they fail. ... Different regimes undoubtedly suit different countries. Singapore provides one possible model, with a flexible
https://www.rba.gov.au/publications/confs/1999/intro-99.html

Lessons and Lasting Effects of the Pandemic

23 Jun 2021 7 Speech
Speech delivered by Luci Ellis, Assistant Governor (Economic), to the Ai Group, Adelaide
https://www.rba.gov.au/speeches/2021/sp-ag-2021-06-23.html

It Takes More Than a Bubble to Become Japan | Conference – 2003

18 Aug 2003 7 Conferences
In short, there is more to the story than just that the BOJ did not raise rates in time. ... the BOJ would have normally been expected to raise rates some time in 1987–1988.
https://www.rba.gov.au/publications/confs/2003/posen.html

Resource Convergence and Intra-industry Trade

1 Nov 1991 7 RDP 9110
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1991/9110.html
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1 July 2014 | Minutes of the Monetary Policy Meeting of the Board

15 Jul 2014 7 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 July 2014
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2014/01072014.html

1.1 Our Role

19 Oct 2023 7 RBA Annual Report – October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html

Australia's Bond Market in a Volatile World

12 Jun 2025 7 Speech
Speech delivered by David Jacobs, Head of Domestic Markets, to Australian Government Fixed Income Forum, Tokyo
https://www.rba.gov.au/speeches/2025/sp-so-2025-06-12.html

The Reserve Bank's Collateral Framework

7 Dec 2017 7 Bulletin – December 2017
The Reserve Bank, like other central banks, holds collateral to reduce the risk of financial loss in its domestic market operations. The Reserve Bank's collateral framework sets out how the diverse portfolio of collateral assets is managed and
https://www.rba.gov.au/publications/bulletin/2017/dec/2.html