Conflict of Exchange Rates

Das, Rituparna and Daga, U R (2004): Conflict of Exchange Rates.

Abstract

Conflict between economic interests of two or more countries can take place in the inflation prone floating exchange regime and thus affect monetary policies of each other. This paper tries to examine whether the exchange rates of the currencies of the industrial countries are affecting India’s currency and making the Reserve Bank of India (RBI) intervene in the foreign exchange market. It is found that limitation of RBI data is a major factor constraining the progress of research on the above kind of conflict.

• Item Type: MPRA Paper
• Language: English
• Keywords: Exchange Rate,IMF, stochastic, trend stationary, dollar
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes; F - International Economics > F3 - International Finance > F31 - Foreign Exchange

References

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Reserve Bank of India (2003): Handbook of Statistics on Indian Economy, Reserve Bank of India, Mumbai