Exchange Rates and Merchandise Trade in Liberalised India

1st Edition

Suranjali Tandon

Routledge India
Published June 14, 2019
Reference - 164 Pages - 64 B/W Illustrations
ISBN 9781138585201 - CAT# K377067
Series: Critical Political Economy of South Asia

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Summary

This book examines the linkages between exchange rates and India’s merchandise trade since the 1990s. It looks at India’s trade in the post-liberalisation period through its two main components: commodities and trading partners, and provides a bird’s eye view through aggregate analyses accompanied by a historical narrative of the evolution of trade and exchange rate dynamics. Presenting a comprehensive analysis of bilateral and product-specific trade, the book explores the impact of exchange rate on labour intensive sectors and charts out major development. It also offers compelling evidence to suggest that if some commodities are identified as integral to India’s export plans, then the impact of exchange rate must be weighed by the Reserve Bank of India (RBI) prior to a market intervention.

This timely volume will be of interest to scholars and researchers of economics, business and finance, development studies, trade, business, and industry as well as practitioners, think-tanks, and policy makers.

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