Do Exchange Rates Affect the Stock Performance of Australian Banks?
It is expected that banks with significant foreign business should be impacted by relative changes in the currency values of the foreign countries where they do business. Using data from January 1997 to March 2007, this study explored this relationship for the four major Australian banks. Contrary t...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2010-03-01
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Series: | The International Journal of Banking and Finance |
Subjects: | |
Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8398 |