Rupee Exchange Rate Dynamics from 1993 to 2011: A Study of Factors Driving the Exchange Rate

Abstract: This paper attempts to study the factors driving the Rupee exchange rate and reasons for its sustained depreciation over the period since 1993. A statistical analysis is carried out to identify significant factors and regression models are developed to validate the assumptions. Solutions that can mitigate the depreciation of the Rupee are presented

Link to the full paper on IOSR Journal of Economics and Finance