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...

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Bibliographic Details
Main Authors: Jing Chi, David Tripe, Martin Young
Format: Article
Language:English
Published: Universiti Utara Malaysia 2010-03-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8398