Jain, Surbhi; Bhanumurthy, N.R. - In: Asia-Pacific Development Journal 12 (2005) 2, pp. 15-32
frequent intervention by the Central Bank in the foreign exchange market. As the Government securities market in India is still …In the present study, we examine the issue of integration of financial markets in India. Given the growing movement of … exchange rates, and the London Inter Bank Offered Rate (LIBOR). By using a multiple co-integration approach, the study found …