8  An exception is Kamin, Marazzi, and Schindler (2006), who find little effect on the prices of domestic U.S. producers of similar goods. 9  Bowman (2003) finds little evidence that competition has increased or that markups declined in industrial economies.
Banks can offer differential rates of interest on wholesale domestic term deposits different from those offered on the retail domestic term deposits. Interest rate ceilings on export credit in foreign currency and nonresident deposits are prescribed but they are transparently linked to international interest rates. The Reserve Bank provides information on its website on the range of deposit rates and lending rates.