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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 Michele Bullock, Governor: Monetary Policy Decision - December 2023

5 Dec 2023 7 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-35.html

Financial Stability Assessment

2 Oct 2025 7 FSR – October 2025
Financial Stability Assessment | Financial Stability Review – October 2025
https://www.rba.gov.au/publications/fsr/2025/oct/financial-stability-assessment.html

3. Resilience of the Australian Financial System

2 Oct 2025 7 FSR – October 2025
3. Resilience of the Australian Financial System | Financial Stability Review – October 2025
https://www.rba.gov.au/publications/fsr/2025/oct/resilience-of-the-australian-financial-system.html

Index of Commodity Prices November 2025

1 Dec 2025 7 Statistics
Index of Commodity Prices November 2025. Release date:. 1 December 2025. Preliminary estimates for November indicate that the index increased by 1.4 per cent (on a monthly average basis) in SDR terms, after increasing by 2.2 per cent in October.
https://www.rba.gov.au/statistics/frequency/commodity-prices/2025/icp-1125.html

Change and Constancy in the Financial System: Implications for Financial Distress and Policy | Conference – 2007

20 Aug 2007 7 Conferences
It permitted, for instance, the separation of the exchange rate and interest rate risks in a traditional loan or security through derivative instruments, such as exchange rate and interest rate swaps. ... In fact, over 30 years ago, even the failure of a
https://www.rba.gov.au/publications/confs/2007/borio.html

A Structural Vector Autoregression Model of Monetary Policy in Australia

1 Dec 2009 7 RDP PDF 818KB
JEL Classification Numbers: E37; E61; F31; F47; F52Keywords: exchange rates, monetary transmission mechanism,. ... variables: the oil price variable, thedomestic monetary aggregate and the nominal exchange rate.
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-11.pdf

Operations in Financial Markets

25 Sep 2017 7 RBA Annual Report – 2017
Similarly, the Bank has not intervened in the foreign exchange market since 2008. ... Total (gross). Forward foreign exchange. commitments. Total (net). Against AUD. Against other currencies.
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html

Operations in Financial Markets

31 Aug 2007 7 RBA Annual Report – 2007
Furthermore, the increased size of the Bank's asset holdings has not been reflected proportionately in the Bank's risk exposure, namely its exposure to changes in interest rates and exchange ... rates. This is because the Bank has structured its
https://www.rba.gov.au/publications/annual-reports/rba/2007/oper-fin-mkts.html

Monetary Policy During COVID

6 May 2021 7 Speech
Speech delivered by Guy Debelle, Deputy Governor, Shann Memorial Lecture, Perth
https://www.rba.gov.au/speeches/2021/sp-dg-2021-05-06.html

Central Bank Cooperation in the Asian Region

25 Sep 1995 7 Speech
Talk by Bernie Fraser to the 24th Conference of Economists, Adelaide
https://www.rba.gov.au/speeches/1995/sp-gov-250995.html