Abstract
M.Comm. (Financial Management)
In this study, the relationship between movements in the exchange rates of five commodity currencies (those of Australia, Canada, Chile, China, and South Africa) in terms of the United States Dollar (USD) and the spot USD copper price was analysed. Correlation and simple regression analysis was used to investigate these relationships. The regression analysis included the use of lagged variables. It was found that four of the five commodity currency exchange rates have a strong co-movement relationship with copper price (i.e. the Australian Dollar, Canadian Dollar, Chilean Peso, and the South African Rand). The only exchange rate that does not have a co-movement relationship with copper prices is the Chinese Yuan.