Kanagaraj, A.; Sikarwar, Ekta - In: Journal of applied finance & banking 1 (2011) 4, pp. 163-184
The study examines the level of foreign exchange exposure and its determinantsfor a sample of Indian firms. For this purpose, the relationship between exchange rate changes and stock returns for a sample of 361 Indian non financial firms is determined over April 2006-March 2011. The study finds...