Dynamics of the exchange rate in India:
Journal of Business Management & Economics
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Title |
Dynamics of the exchange rate in India:
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Creator |
Najaf, Rabia; Riphah international university Islamabad Pakistan
Najaf, Khakan; Riphah international university Islamabad Pakistan |
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Description |
Exchange rate is act as the main role in the integral part of the economic development .India is also facing this issue like other Asian countries impact of increase exchange rate on the growth of the economy .It is source of the external funds and act as the channel between risk and investment. In this research, we have taken the data from 1998 to 2008 and applied the ADF test, normality test and Jarqu e-Bera statistics test for taking the proper results about the impact of exchange rate on the development of India. Normality test explains the nature of the data .our results are showing that increase exchange rate has negative impact on the stock exchange of India .our suggested that Government should focus about the exchange rate policy.
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Publisher |
Journal of Business Management & Economics
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Contributor |
—
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Date |
2016-11-30
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://innovativejournal.in/jbme/index.php/jbme/article/view/227
10.15520/jbme.2016.vol4.iss11.227.pp01-04 |
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Source |
Journal of Business Management & Economics; Vol 4, No 11 (2016); 01-04
2347-5471 10.15520/jbme.2016.vol4.iss11 |
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Language |
eng
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Relation |
http://innovativejournal.in/jbme/index.php/jbme/article/view/227/pdf_109
10.15520/jbme.2016.vol4.iss11.227.247 |
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