RBA exchanged $143bn in FX swaps last year, figures show

Central bank cuts share of euro in FX reserves; ups renminbi

sydney-1
Sydney, Australia

Australia's central bank bought and sold $142.7 billion worth of foreign currency swaps in the 12 months to July in order to manage domestic liquidity and short-term reserves during a year of unprecedented exchange rate volatility, figures show.

The Reserve Bank of Australia (RBA) transacted $76.7 billion in foreign currency swaps for the purpose of managing liquidity in the domestic cash market, according to the central bank's annual report, published on October 22.

The RBA also exchanged $66

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: