Siddharth, Angad; Alexiou, Constantinos; Vogiazas, Sofoklis - In: Economies : open access journal 12 (2024) 4, pp. 1-21
) interventions and the validity of Purchasing Power Parity (PPP) across two distinct exchange rate regimes: the fixed exchange rate … reveals that under the fixed exchange rate regime, the environment is conducive to PPP due to frequent interventions by the … RBI. However, in the managed floating regime, selective interventions weaken the applicability of PPP. These findings …