NO : WP-2018-019
AUTHOR : Ashima Goyal
TITLE : Evaluating India’s exchange rate regime under global shocks
ABSTRACT :
The paper assesses the performance of India’s managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on inflation. It also derives the current range that balances these three effects.s
Keywords : India; exchange rate regime; trade; stability; capital flows; inflation
JEL Code : F41, F31, E52
Weblink : http://www.igidr.ac.in/pdf/publication/WP-2018-019.pdf
