Australia’s foreign exchange reserves
E69907
Australia’s foreign exchange reserves are the country’s official holdings of foreign currencies and related assets, maintained to support financial stability, monetary policy, and confidence in the Australian dollar.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
foreign exchange reserves
ⓘ
official reserve assets ⓘ |
| assetQuality | high credit quality ⓘ |
| classification | external assets of Australia ⓘ |
| componentOf | Australia’s official reserve assets ⓘ |
| country | Australia ⓘ |
| currencyRiskManagedBy | Reserve Bank of Australia ⓘ |
| dataFrequency |
monthly
ⓘ
quarterly ⓘ |
| denominatedIn | foreign currencies ⓘ |
| governedBy | Reserve Bank Act 1959 ⓘ |
| includesAssetType |
deposits with foreign institutions
ⓘ
foreign currency assets ⓘ reserve position in the International Monetary Fund ⓘ securities denominated in foreign currencies ⓘ special drawing rights ⓘ |
| investmentObjective |
capital preservation
ⓘ
liquidity maintenance ⓘ modest return consistent with low risk ⓘ |
| maintainedBy | Reserve Bank of Australia ⓘ |
| managedUnder | Reserve Bank of Australia reserve management policies ⓘ |
| policyFramework | Australia’s monetary policy framework ⓘ |
| purpose |
support confidence in the Australian dollar
ⓘ
support financial stability ⓘ support monetary policy ⓘ |
| reportedBy | Reserve Bank of Australia ⓘ |
| reportedIn |
Reserve Bank of Australia
ⓘ
surface form:
Reserve Bank of Australia monthly statistical tables
|
| reportedTo | International Monetary Fund ⓘ |
| riskTypesManaged |
credit risk
ⓘ
currency risk ⓘ interest rate risk ⓘ liquidity risk ⓘ |
| roleInEconomy |
backing for the Australian dollar in international markets
ⓘ
buffer against external shocks ⓘ support for Australia’s external liquidity position ⓘ |
| statisticalStandard |
Balance of Payments and International Investment Position Manual
ⓘ
surface form:
IMF Balance of Payments and International Investment Position Manual
IMF Special Data Dissemination Standard ⓘ |
| supports | Australia’s financial system stability ⓘ |
| typicalInstruments |
bank deposits
ⓘ
government securities ⓘ short-term money market instruments ⓘ supranational bonds ⓘ |
| usedFor |
foreign exchange market intervention
ⓘ
liquidity support in foreign currency ⓘ meeting external payment obligations ⓘ |
| valuationCurrency | Australian dollar ⓘ |
| valuationMethod | market value ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.