Skip to Content
Indian Financial Markets
book

Indian Financial Markets

by Ajay Shah, Susan Thomas, Michael Gorham
September 2008
Beginner
264 pages
7h 37m
English
Elsevier Science
Content preview from Indian Financial Markets
The Rupee 157
to try to understand the nature of the currency regime, particularly given the
lack of official statements from RBI about what the currency regime is.
9.3 A DE FACTO PEGGED EXCHANGE RATE TO
THE US DOLLAR
One extreme possibility is a rupee-dollar rate which is fixed by RBI. In this case,
the rupee-euro rate, or the rupee-yen rate, would mechanically follow the dollar-
euro and the dollar-yen rates respectively. Since the dollar-euro and dollar-yen
exchange rates are floating rates, a fixed rupee-dollar fixed exchange rate would
imply high volatility of the rupee-euro and rupee-yen rates, reflecting the fact
that the dollar-euro and dollar-yen
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Indian Economy

Indian Economy

A.C. Fernando
Preparing for the Next Financial Crisis

Preparing for the Next Financial Crisis

Olivier de Bandt, Francoise Drumetz, Christian Pfister

Publisher Resources

ISBN: 9780123742513