IDEAS home Printed from https://ideas.repec.org/a/ids/ijmefi/v1y2007i1p32-44.html
   My bibliography  Save this article

An empirical analysis of the relationships between exchange rate exposure and company's retail pricing policies

Author

Listed:
  • Ridwan Nasution
  • Ray H. Anderson
  • Sardar M.N. Islam

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.

Suggested Citation

  • Ridwan Nasution & Ray H. Anderson & Sardar M.N. Islam, 2007. "An empirical analysis of the relationships between exchange rate exposure and company's retail pricing policies," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 1(1), pages 32-44.
    • Handle: RePEc:ids:ijmefi:v:1:y:2007:i:1:p:32-44
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=16024
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sunghee Choi, 2010. "Estimating Exchange Rate Exposure of Trade-intensive Firms: Application to Korean Oil-refiners and Petrochemicals," Global Economic Review, Taylor & Francis Journals, vol. 39(3), pages 327-348.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmefi:v:1:y:2007:i:1:p:32-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=218 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.