This paper attempts to study the impact of Global Financial Turmoil on Indian Foreign Exchange Rate behavior and volatility characteristics.

Lead Questions: 1. Is there any impact of illegal remittance on foreign exchange rate? 2. Whether due to NRI investment in realty, bank deposit and illegal remittance, INR is becoming stronger against USD? 3.

Sapovadia noted in 2007 when Rupee was appreciating against US Dollar; “Indian Rupee stood at INR 44.90 to the USD in April 2006; it dipped to INR 40.57 in third week of May 2007.

An unexpected shock to the underlying variable has long lasting effects. The persistence in the volatility of the time series is usually exemplified by a highly persistent fitted GARCH model.

This is expected to have had an impact on the Information Technology (IT) sector, which mainly depends on the earnings from exports of software and hardware products, and also from the services of the Indian IT workforce in the US.The ...

Econometric evidence on why central banks intervene in the foreign exchange market and the impact of such intervention has remained inconclusive.

This study is an attempt to understand the behavior of Indian foreign exchange rate and its volatility characteristics by using a daily observation of Indian Rupee against US Dollar over the period of 40 years from 1st April 1973 to 31st ...

This study examines the impact of foreign exchange rate, i.e.US Dollar to Indian Rupee (USD/INR) on Indian Stock Market Index (NIFTY 50) during demonetization of high denomination Indian currencies, Daily rate of rate of return of Foreign ...

Collection of articles on Indian foreign exchange market during 1993-1999.