Abstract

https://ssrn.com/abstract=2767477
 


 



Exchange Rate Volatility & its Impact on Macro Economic Factors with Respect to Indian Economy


Amith Vikram


University of Naples Federico II

KalyaniAmith Vikram


Independent

November 20, 2015

International Journal of Social Science & Management, Vol. 4, Issue 6, 2015

Abstract:     
The main purpose of the study is to investigate the impact of macreconomic variables of India which includes Inflation, Interest rate, GDP and Foreign Direct Investment (Inflows) and its impact on exchange rate against USD by using annual data over the period of 1996 to 2014. These variables have been taken as Independent variable and exchange rate volatility is taken as dependent variable. This study has been conducted to investigate whether uncertainty or fluctuations in exchange rate affect the macroeconomic variables in India. Linear Regression technique has been used to investigate the relationship between dependent and independent variables. From the result of regression analysis, the inflation and GDP rate have negative and insignificant association with exchange rate whereas Interest rate has negative and significant association Whereas Foreign Direct Investment shows positive and insignificant relationship with exchange rate.

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Date posted: April 23, 2016  

Suggested Citation

Vikram, Amith and Vikram, KalyaniAmith, Exchange Rate Volatility & its Impact on Macro Economic Factors with Respect to Indian Economy (November 20, 2015). International Journal of Social Science & Management, Vol. 4, Issue 6, 2015. Available at SSRN: https://ssrn.com/abstract=2767477

Contact Information

Amith Megaravalli Ashok Vikram (Contact Author)
University of Naples Federico II ( email )
via Cinthia, 4
Naples, Caserta 80126
Italy
3462715416 (Phone)
HOME PAGE: http://www.unina.it/
KalyaniAmith Vikram
Independent ( email )
No Address Available
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