EMPIRICAL ANALYSIS OF LONG RUN EQUILIBRIUM BETWEEN EXCHANGE RATE AND FOREIGN EXCHANGE RESERVE ? AN INDIAN PERSPECTIVE
Journal: International Journal of Management (IJM) (Vol.7, No. 5)Publication Date: 2016-08-17
Authors : Pritpal Singh Bhullar; Manika Dhameja;
Page : 86-94
Keywords : Foreign exchange Reserve; Exchange Rate; Regression. Cointegration Test and Unit Root Test.;
Abstract
The present study makes an effort to find the long run equilibrium between Exchange Rate and Foreign Exchange Reserve. Fifteen years data of these variables has been extracted from the official website of Reserve Bank of India and has been analyzed by devising statistical software E ? Views. Regression analysis has been applied through SPSS to evaluate the relationship between foreign exchange reserve and exchange rate. The statistical output of present research supports the previous research documents and shows the existence of long run equilibrium between these foreign exchange reserve and exchange rate. It also supports the influence of foreign exchange reserve on the exchange rate of country
Other Latest Articles
- CUSTOMER’S PERCEPTION AND SATISFACTION TOWARDS SERVICES OF PUBLIC & PRIVATE SECTOR BANKS
- MANAGING PROJECT USING 8D TECHNIQUE
- TOWARDS A NEW DEFINITION OF QUALITY: IDENTIFICATION OF THE BEST EXISTENT DEFINITION AND AGENDA FOR FUTURE RESEARCH
- A STUDY OF FINANCIAL LITERACY AND ITS IMPACT ON CUSTOMER SATISFACTION WITH SPECIAL REFERENCE TO BANKS OF BAGALKOT DISTRICT
- PROBLEMS IN ON-LINE ADMISSIONS TO HIGHER EDUCATIONAL INSTITUTIONS OF NORTH KARNATAKA - A STUDENTS PERSPECTIVE
Last modified: 2016-11-17 19:53:50