Indira Gandhi Institute of Development Research,
Maharashtra
India
Research Article
Effect of Managed Floating Exchange Rate on External Sector of India
Author(s): Pankaj NishadPankaj Nishad
The main objective behind this paper is to show a relationship between India's exchange rate and key macroeconomic indicators of the Indian economy.
The macro-economic indicators in it-self involve well diversified and broad concepts of Indian financial system. Indicators are further sub divided into various variables as per their functions. If we see the external sector, it includes foreign exchange reserves. Moving on to the financial market, it includes capital market, government securities investments. Another important macroeconomic indicator is the financial sector; it includes reserve money and RBI's open market operations. Finally the fourth sector i.e., the real sector, it includes prices WPI (Wholesale Price Index) and CPI (consumer price index).
This paper examines the evolution of Exchange Rate Policies in the India. It looks at why India have made a transiti.. Read More»
DOI:
10.4172/2375-389.1000273
Journal of Global Economics received 1931 citations as per Google Scholar report