期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2013
卷号:3
期号:1
页码:172-179
语种:English
出版社:EconJournals
摘要:The Foreign Exchange Market in India has undergone substantial changes over last decade. It is imperative by the excessive volatility of Indian Rupee causing its depreciation against major dominating currencies in international market. This research has been carried out in order to investigate various macroeconomic variables leading to acute variations in the exchange rate of a currency. An attempt has been made to review the probable reasons for the depreciation of the Rupee and analyse different macroeconomic determinants that have impact on the volatility of exchange rate and their extent of correlation with the same. Keywords: Exchange Rate; Inflation; Interest Rate; Foreign Exchange Market; Current Account; Exchange Rate Volatility; International Trade. JEL Classifications: F31; F41