Factors affecting Exchange Rate and its Impact on Economy of India

Maurya, Sheetal

doi:10.5958/2249-7307.2017.00148.7

Cited by 6 publications

(14 citation statements)

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“…The researchers noted that exports, interests and inflation had significant relationships, while import and current accounts were insignificant. The contrary findings by Maurya (2017), which assumed a variety of macroeconomic variables that determine the exchange rate found that inflation differences had no significant impact on exchange rates.…”

Section: Foreign Exchange and Inflationmentioning

confidence: 87%

Impact of Economic Factors towards Exchange Rate in Malaysia

Mohamed¹,

Abdullah²,

Noh³

et al. 2021

IJAREMS

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As the exchange rate is currently floating negatively in Malaysia, there is a need to investigate the impact of economic factors on Malaysia's exchange rate volatility. In this study, the annual time series data for foreign exchange rates, gross domestic product and unemployment rates obtained from the World Development Indicators (WDI) source. The data for inflation rates sourced from the Department Statistic of Malaysia website. The 120 observations data tested from 1989 to 2018 using Eviews software. First, the data analyzed based on the descriptive statistics measure the mean, minimum, maximum, kurtosis, and skewness of the data or variables. The Augmented Dickey-Fuller (ADF) and Phillips-Perron (P.P.) used to test the data stationarity. The correlation test is performed to investigate any correlation between the variables. Lastly, the multiple regression analysis examines the impacts and significance of the relationship between the variables. The findings demonstrate that there is a strong significant relationship between gross domestic product and exchange rate. However, unemployment and inflation show an insignificant relationship with exchange rate volatility. There is a strong significant relationship between gross domestic product, inflation with the exchange rate. However, unemployment shows an insignificant relationship with the exchange rate. This study indicated economic factors that increase gross domestic product and inflation, significantly impacting the exchange rate. To maintain Malaysia's exchange rate stability, Malaysia needs to look into their monetary policy closely.

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Section: Foreign Exchange and Inflationmentioning

confidence: 87%

Impact of Economic Factors towards Exchange Rate in Malaysia

Mohamed¹,

Abdullah²,

Noh³

et al. 2021

IJAREMS

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“…Sheetal Maurya examines the impact of various economic variables on the exchange rate of India's national currency against the US dollar. The analysis revealed a close relationship between imports and the exchange rate between the rupee and the US dollar (Sheetal, 2017).…”

Section: Literature Reviewmentioning

confidence: 94%

Untitled

2020

Bul. Kar. Univ. - Econ.

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Object: is to analyze transformation processes and organizational aspects of the Agency for Civil Service Affairs (hereinafter -the Agency) to determine the guidelines for further improvement of its activities.Methods: a method of organizational diagnosis, which involves analysis of Strategic plan and organizational structure of the Agency in a prism of foreign experience, description of life cycle, survey of employees as well as the cost-effectiveness analysis of the pilot project in the Agency.Findings: it was found that (i) despite the direct relationship between bonus payments (or rather the size of the bonus fund) and performance indicators, there is a deterioration in individual indicators. At the same time, the bonus fund has not been adjusted; (ii) the Agency's mission and vision need to be refined in terms of concretization and compliance with the guidelines of the country's strategic documents; (iii) there is a lack of competence, which requires a single state body that will comprehensively address pressing issues of the public administration system; (iv) improvement of business processes in the Agency by taking into account the proposals of respondents.Conclusions: taking into account the comprehensive diagnostics, the author developed proposals that are aimed not only at improving the Agency's performance, but also at launching systemic changes in the public sector.

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“…Exchange rates occur due to the accumulation of surpluses in the balance of payments continuously. This will increase the number of foreign exchange rates owned by a country (Maurya, 2017). As research conducted by Utami (2017); Nandari (2017), which says that the exchange rate can affect the growth of Islamic mutual funds.MeanwhileShofia (2018); Adrian & Rachmawati (2019), said that the exchange rate did not have a significant effect on Islamic mutual funds.…”

Section: Introductionmentioning

confidence: 98%

The Effect of Exchange Rate, Jakarta Islamic Index (JII) and Indonesian Sharia Bank Certificate (SBIS) on Islamic Mutual Funds Growth with Inflation as a Moderate Variable

Ridlo

Yunianto

Rohmah

2021

Al-Amwal : Jurnal Ekonomi Dan Perbankan Syari'ah

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This study aims to analyze the influence of exchange rate, Jakarta Islamic Index, Indonesian Shari Bank Certificate towards the growth of Islamic mutual funds with Inflation as a moderate variable in Indonesia period 2014Indonesia period -2018 This study uses a quantitative approach using a secondary data type with time series model. Furthermore, the data were tested using multiple linear regression models and moderated regression analysis (MRA) through EVIEWS 9 statistical application. The results of this study indicate that the variable exchange rate has a significant negative effect on the growth of Islamic mutual funds, Jakarta Islamic index has a significant positive effect, inflation has no significant negative effect, and Indonesian sharia bank certificate has no significant effect on the growth of Islamic mutual funds. The variable inflation is able to moderate Jakarta Islamic index, but can't moderate variable exchange rate and Indonesia sharia bank certificate on the growth of Islamic mutual funds.

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Factors affecting Exchange Rate and its Impact on Economy of India

Cited by 6 publications

References 0 publications

Impact of Economic Factors towards Exchange Rate in Malaysia

Impact of Economic Factors towards Exchange Rate in Malaysia

Untitled

The Effect of Exchange Rate, Jakarta Islamic Index (JII) and Indonesian Sharia Bank Certificate (SBIS) on Islamic Mutual Funds Growth with Inflation as a Moderate Variable

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