Kumar, Anoop S - In: The IUP Journal of Monetary Economics IX (2011) 3, pp. 7-19
This paper attempts to examine the weak form of market efficiency in the Indian foreign exchange market using a family of variance ratio tests. Monthly Nominal Effective Exchange Rate (NEER) data from April 1993 to June 2010 were used for the analysis. NEER series was considered for the analysis...