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Article Name : | | AN EMPIRICAL ANALYSIS OF RUPEE - DOLLAR FLUCTUATIONS ON ECONOMY | Author Name : | | Hardik Vora , Roopali Sharma and Ritu Arora | Publisher : | | Ashok Yakkaldevi | Article Series No. : | | ISRJ-235 | Article URL : | | | Author Profile | Abstract : | | The value of one unit of a currency in term of other currency is crucial aspect of stability of the country's economy in current uncertain global financial condition. The global financial crisis has resulted in the demolition of giant financial institutions &banks, tightening the flow of capital into the market, with considerable effects on the real economy all over the world. The crisis has a direct impact on demand and supply of
currencies, leads to fluctuation of exchange rate, INR/USD, across countries, a shock to one currency is spreading rapidly to the economy, thereby frightening the stability of the whole economy. This paper empirically analyses the impact of INR/USD fluctuation of the country's economy. | Keywords : | | - dollar fluctuations
- cad
- exchange rate
- usd
- inr
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