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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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References

26 Jul 2018 7 RDP 2018-08
Geary RC (1958), ‘A Note on the Comparison of Exchange Rates and Purchasing Power between Countries’, Journal of the Royal Statistical Society: Series A (General), 121(1), pp 97–99. ... Walsh CM (1901), The Measurement of General Exchange-Value,
https://www.rba.gov.au/publications/rdp/2018/2018-08/references.html
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Economic Conditions and Prospects: June 2004

2 Jun 2004 7 Speech
Speech by Glenn Stevens to the Committee for Economic Development of Australia (Queensland Branch), Brisbane
https://www.rba.gov.au/speeches/2004/sp-dg-020604.html

Economic Outlook

10 Nov 2009 7 SMP – November 2009
After falling sharply in the second half of 2008 and the first quarter of 2009, global output (with countries weighted by GDP at purchasing power parity exchange rates) is now expected ... re-emerging in the near term and further appreciation of the
https://www.rba.gov.au/publications/smp/2009/nov/eco-outlook.html

Discussion of Asymmetric Demography and Macroeconomic Interactions Across National Borders

3 Jan 2007 7 Conferences PDF 72KB
RBA Conference Volume 2006
https://www.rba.gov.au/publications/confs/2006/pdf/bryant-disc.pdf

Economic Developments

9 Mar 2023 7 RBA Annual Report – 1988
Signs of an improvement in the U.S. external position were associated with greater stability in exchange rates and then a strengthening in the U.S. ... The indices are measured in terms of IMF Special Drawing Rights (SDR's), a unit of account that
https://www.rba.gov.au/publications/annual-reports/rba/1988/eco-developments.html

5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board

20 Feb 2024 7 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html

Universidad De Chile Conference on Central Bank Independence, Mandates and Policies

22 Oct 2021 7 Speech
Speech delivered by Philip Lowe, Governor, Panel Remarks, Webinar
https://www.rba.gov.au/speeches/2021/sp-gov-2021-10-22.html

Some Comments on Securitisation

28 Jul 2004 7 Speech
Speech by Ric Battellino to the Australian Credit Forum, Sydney
https://www.rba.gov.au/speeches/2004/sp-ag-280704.html

Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges

10 Sep 2002 7 Bulletin – September 2002
The experience of the fastest growth occurring in the poorest countries is a new one, at least in the modern era, with the growth rates for these same country groupings in ... into a common currency, rather than using market exchange rates.
https://www.rba.gov.au/publications/bulletin/2002/sep/1.html

Discussion on Spreading the Benefits of Globalisation: “Selling” the Compounding Benefits of Reforms | Conference – 2002

27 May 2002 7 Conferences
The most important choices are those between using market exchange rates or purchasing power parity, and treating countries equally or weighting by population. ... evidence, despite all data problems, is overwhelming that poverty rates and the poverty
https://www.rba.gov.au/publications/confs/2002/henry-disc.html