The Reserve Bank of Australia's Foreign Exchange Market Operations
AbstractThis paper was presented at the SEACEN Seminar on Foreign Exchange Liberalization Expe- riences in the SEACEN Countries, held in Seoul and hosted by The Bank of Korea from May 30 - June 1, 1994. Australia's floating exchange rate system is the topic of this paper. It begins by describing the background to the float and then reviews the experience to date. Particular emphasis is given to how and why the Reserve Bank intervenes in the foreign exchange market.
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Bibliographic InfoThis book is provided by South East Asian Central Banks (SEACEN) Research and Training Centre in its series Occasional Papers with number occ18 and published in 1994.
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