ISBN 9789325987548,Inr- Usd Forecast: An Innovative Thought

Inr- Usd Forecast: An Innovative Thought



Vikas Publishing House

Publication Year 2015

ISBN 9789325987548

ISBN-10 9325987546


Number of Pages 116 Pages
Language (English)

Personal Development & Self-Help

This book throws light on various factors/determinants that have a direct or indirect connection with the currency exchange rate. Additionally, factors such as interest rate, growth rate, inflation have been explained in detail with appropriate examples and graphical representations, providing a clear picture of the whole scenario on how these factors influence the currency exchange rate, both positively and negatively.


the data related to India and the US for the last 33 years has been analysed and ascertained and the impact of seven important variables on the exchange rate has been elaborated
new idea, approach and analytical method for evaluating and studying the impact of the several variables on exchange rate has been elaborated
a mathematical and statistical model exhibiting relationship and correlation with the exchange rate has been explained
both the above models are tested on the past data and this gives over 80% dependencies
forecasting of exchange rates based on tested models, mathematically and statistically, has been done
with non-quantifying variables, reasonable estimations can be made
help has been imparted on formulation of hedging strategy for exporters and importers
planning for long term/ short term foreign loan/borrowing strategy is explained