In this paper, we investigate the scaling behavior of the average daily exchange rate returns of the Indian Rupee against four foreign currencies: namely, US Dollar, Euro, Great Britain Pound and Japanese Yen. The average daily exchange rate return of the Indian Rupee against US Dollar is found...

The classic theory to derive the characteristic Rayleigh wavelength, i.e., the distance between neighbouring droplets into which an originally cylindrical liquid body disintegrates, as a consequence of Rayleigh instability, is analysed in terms of the phenomenon of self-organization due to the...