This book provides a comprehensive analysis of the foreign exchange market in India in terms of participants, instruments and the trading platform, as also turnover and forward premia. It examines the role of exchange rates in the recent global financial crisis, and also develops an alternative forecasting model for the rupee-dollar exchange rate.
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Pami Dua is Professor and Head, Department of Economics, Delhi School of Economics, University of Delhi.
Rajiv Ranjan is Director, Department of Economic Analysis and Policy, Reserve Bank of India, Mumbai.
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