ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Exchange Rate Pass-Through and Volatility

Exchange Rate Pass-Through and Volatility

The exchange rate pass-through and exchange rate volatility are important determinants of the effectiveness of exchange rate depreciation in achieving the desired trade balance. The aggregate analysis of Indian imports and exports with quarterly data from 1980 to 1996 attempted in the present paper reveals India's lack of bargaining power in the international markets both as a buyer and as a seller. The study also indicates that targeting REER in India may not satisfactorily address the concerns for the trade balance, though it may be useful for export promotion.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top