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An Empirical Analysis of the Relationships Between Exchange Rate Exposure and Company's Retail Pricing Policies

Nasution, Ridwan and Anderson, Ray H and Islam, Sardar M. N (2007) An Empirical Analysis of the Relationships Between Exchange Rate Exposure and Company's Retail Pricing Policies. International Journal of Monetary Economics and Finance, 1 (1). pp. 32-44. ISSN 1752-0479

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Abstract

How do changes in the Australian dollar exchange rate affect Australian retail pricing policy? A sample of 15 retail companies from the Australian Stock Exchange found that 20% were exposed to changes against the US dollar, Euro, and Yen, and that 13–27% have significant exposure when the Trade Weighted Index is the independent variable. At industry level, only the Consumer Price Index (CPI) of the food group is exposed to changes in the exchange rate against the Euro and Yen. However, the evidence does not support a relationship between exchange rate exposure and retail pricing policy.

Item Type: Article
Uncontrolled Keywords: ResPubID13790, oreign exchange rate, exchange rate exposure, Australia, retail pricing policy
Subjects: Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
FOR Classification > 1401 Economic Theory
SEO Classification > 9199 Other Economic Framework
Depositing User: VUIR
Date Deposited: 02 Aug 2011 04:44
Last Modified: 04 Mar 2015 06:31
URI: http://vuir.vu.edu.au/id/eprint/3365
DOI: 10.1504/IJMEF.2007.016024
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