1.

An analytical study on Depreciation of rupee against dollar & Fundamental

analysis on impact of macroeconomic factors on exchange rate of rupee
Research Methodology: In this paper we have used descriptive type of research. Source of
data is secondary data. Economic factors such as GDP, Inflation,Money supply,Export growth
has been considered to find out whether it has any impact on the exchange rate. Statistical
method of correlation has been used in order to check the impact. Forecast for the year 2014
average exchange rate has been calculated using forecast technique.

Objectives:

1. To know the reason of depreciation of rupee & its impact on Indian economy.

2. To analyze the correlation between inflation & exchange rate

3. To analyze the correlation between GDP & exchange rate

4. To analyze the correlation between Money supply & exchange rate

5. To analyze the relation between export growth & exchange rate & predict the average
exchange rate using excel forecast method.

6. To predict the average exchange rate for 2014 using forecast method specified in excel
considering Forecasted GDP for the financial year 2014.
2. RUPEE DEPRECIATION AND ITS IMPACT ON INDIAN ECONOMY
OBJECTIVES OF THE STUDY
The following are the objectives of the study:
1.To analyze the growth of exchange rate in Indian rupee compare between Pre and Post-
Liberalization.
2.To examine the growth of foreign investments flow in the Indian capital market.
SCOPE OF THE STUDY
This paper aims to know the effects of Indian currency depreciation against the dollar, what are
all the factors to influencing the currency devaluation against the dollar with the help of select
tools.
RESEARCH DESIGN
Sources of Data: The data collected for the study is secondary one. The required data for the
study were collected and compiled from the RBI Website and Bulletin and the study covers a
period of 44 years from 1969-1970 to 2012-2013. In addition, the other required data were
collected from various journals and magazines.
Framework of Analysis:
The collected data have been used for analysis with the help of statistical tools. Namely Mean,
Standard Deviation (SD), Coefficient of Variance (CV), Compound Annual Growth Rate (CAGR),
Correlation and Paired “t ” statistics analysis.
Hypotheses:
The following hypotheses have been framed in the present paper:
H01: There is no significant relationship between the Indian currency growth Pre and Post
period of Liberalization.
H02: There is no significant relationship between the exchange rate and macro economic
variables.
3. Analysis of Macroeconomic Determinants of Exchange Rate Volatility in India
Research Methods:- This research has been carried out in order to investigate the impact of
various macroeconomic variables on the volatility of foreign exchange rate. The research is
based on secondary data, to compile the report with some variables twenty years annual data
for the period of 1991 to 2010 were collected. The relationship between Exchange rate and
Macro-economic variables such as, interest rate, Balance of trade, Inflation rate, Foreign Direct
Investment, GDP etc. have been analyzed with the help of statistical tool.

3.1 Hypothesis

H0: Exchange rate has no correlation with any of the macroeconomic variables like Inflation,
Interest Rate, Foreign Investment, GDP Growth & Current Account Balance.

H1: High inflation leads to appreciation of Exchange Rate of a currency.

H2: High interest rate results in depreciation in the Exchange rate of currency.

H3: Exchange rate has positive correlation with GDP growth rate & current account balance.

4.Impact of Rupee- Dollar Fluctuations on Indian Economy

Objectives
The main objective of this study is to understand the concept of Exchange rate and currency
fluctuation and understand the causes for decline of the rupee against dollar. Study the
real implications of the depreciation of the rupee on the Indian economy and also different
stringent measures by Indian government to make rupee stronger.
5. Impact of Rupee- Dollar Fluctuations on Indian Economy: Challenges for Rbi &
Indian Government
Objectives of the Study
1) To understand the concept of Exchange rate and currency fluctuation.
2) To understand the causes for decline of the rupee against dollar.
3) To study the real implications of the depreciation of the rupee on the Indian economy
4) Different stringent measures by RBI & government to make rupee stronger
5) To propose potential suggestions to overcome the problem.

6. RUPEE-DOLLAR FLUCTUATION AND ITS IMPACT ON INDIAN ECONOMY

OBJECTIVES OF THE PAPER:- To analyze the rupee value against the dollar. To find the reasons
of decline in rupee value. To find the impact of depreciation in rupee on several sectors. To
find the efforts made by government and central bank for stepping rupee up.

RESEARCH METHODOLOGY:- Research methodology refers to the process adopted for

conducting research. It explains nature of study, method of data collection and tools applied for
analyzing the data. This paper is descriptive in nature as it describes the present situations
features of the study. It helps in reduction of biasness and enhances reliability of data in
research. The secondary has been used in the paper. Data has been collected from journals,
research papers, periodicals and published reports of reserve bank, different websites etc.
7. Fluctuating Rupee: Impact on Indian Economy

IV. Objective of the Study:- This study is based on rupee-dollar relationship in terms of rupee
appreciation i.e. dollar depreciation and rupee depreciation i.e. dollar appreciation. It shows
impact of changes in currency value on Indian economy.

V. Research Methodology:- Research methodology is the exact way to solve the research
problem in a systematic manner. This paper is based on conceptual study therefore secondary
data has been compiled from newspapers, reports, research papers and websites as well. As
this is a conceptual study so no statistical tools/ techniques has been used.

8.EFFECT OF MACRO ECONOMIC FACTORS ON RUPEE VALUE

Research Methodology

Research Objectives of Study:-

To give an overview of theoretical approaches to Indian Currency Market & Rupee position in
the global foreign exchange market.

To study the fluctuation in Indian rupee against the dollar (INR/USD) post globalization.

To find out the dependency of exchange rate on the causal macro-economic factors.

To find out the factors affecting Rupee value and their relation with exchange rate.

Nature of Research:- The nature of research is Exploratory & Analytical that generates a
posteriori hypothesis by analyzing a data-set and looking for potential relations between
variables.

Methods of Data Collection:- Secondary sources were referred for data collection for the
analysis. The required data for the study were collected and compiled from the RBI and World
Bank Website/Bulletin. The study covers a period of 22 years from 1991-1992 to 2012-2013.