Hyder, Zulfiqar; Shah, Sardar - EconWPA - 2005
This paper assesses the extent to which the movements in exchange rate affect domestic wholesale and consumer prices in … measure the exchange rate pass-through to domestic prices. The major findings of this paper are: (1) the exchange rate … movements have only a moderate effect on domestic prices, i.e., exchange rate pass-through is low; (2) the exchange rate pass …