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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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The Smoothing of Official Interest Rates | Conference – 1997

21 Jul 1997 7 Conferences
In the mid 1980s, considerable instability in foreign-exchange markets translated into variability in official interest rates in the United Kingdom and Australia. ... Notwithstanding this, a period of considerable exchange-rate instability would probably
https://www.rba.gov.au/publications/confs/1997/lowe-ellis.html

Monetary Policy Regimes: Past and Future

29 Sep 1997 7 Speech
Opening address by Ian Macfarlane to the 26th Conference of Economists, Hobart
https://www.rba.gov.au/speeches/1997/sp-gov-290997.html

Note 1 | Financial Statements

28 Aug 2006 7 RBA Annual Report – 2006
The Effects of Changes in Foreign Exchange Rates. ... Foreign exchange holdings contracted for sale beyond 30 June 2006 (including those under swap contracts) have been valued at market exchange rates (Note 16).
https://www.rba.gov.au/publications/annual-reports/rba/2006/fin-statements/note-1.html

Annual Report-1978-Gold and Foreign Exchange

31 Dec 1978 7 Annual Report
Reserve Bank of Australia Annual Report – 1978 Financial Statements Note 2 Gold and foreign exchange. ... Foreign exchange holdings are converted to Australian dollars at current market rates of exchange.
https://www.rba.gov.au/publications/annual-reports/rba/1978/fin-statements/note-2.html

Inflation Overview

5 Mar 2025
Inflation. Consumer Price Index. 4.6 %. Annual change March month 2026. Inflation is an increase in the level of prices of the goods and services that households typically buy. A powerful lesson from history is that low and stable inflation is a
https://www.rba.gov.au/inflation/overview.html

Overview

4 Nov 2025 7 SMP – November 2025
Overview | Statement on Monetary Policy – November 2025
https://www.rba.gov.au/publications/smp/2025/nov/overview.html

Exchange Valuation Adjustments | Financial Statements | Reserve Bank of Australia Annual Report - 1983

30 Jun 1983 7 Annual Report
Note 7 Exchange valuation adjustments. Exchange valuation adjustments on assets and liabilities denominated in foreign currencies resulted in a net surplus of $454.9 million in 1982/83 ($93.6 million ... Outstanding forward exchange contracts with the
https://www.rba.gov.au/publications/annual-reports/rba/1983/fin-statements/note-7.html

The Financial System and Monetary Policy in Australia

18 Nov 2024 7 Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), Sir Leslie Melville Lecture, Canberra
https://www.rba.gov.au/speeches/2024/sp-ag-2024-11-18.html

Aggregate Responses

31 Dec 2014 7 RDP 2014-08
By 2013, interest rates are almost 2 percentage points above their estimated levels without the boom. ... One possible explanation for the difference is that we estimate a larger weight on the response of interest rates to lower inflation arising from
https://www.rba.gov.au/publications/rdp/2014/2014-08/agg-res.html
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Monetary Policy

24 Mar 2026 7 RBA Annual Report – 1961
The new rates were to be applied selectively in line with economic policy. ... range being typical of the wide spread of rates paid by dealers during the year.
https://www.rba.gov.au/publications/annual-reports/rba/1961/monetary-policy.html