Label
Frequency: 12 Issue per year
Paper Submission: Throughout the Month
Acceptance Notification: Within 2 days
Areas Covered: Multidisciplinary
Accepted Language: Multiple Languages
Journal Type: Online (e-Journal)
ISSN Number:
2582-8568
Exchange rates determine the value of one country's currency to another currency. The balance of payment is a statement that comprises transactions between residents and non-residents of a country with the rest of the world during a given period of time. The purpose of this study is to examine the exchange rates impact on the balance of payment (BOP) in India. The secondary data is used from the RBI (central bank of India) from 2010 to 2020. India’s export, import, trade account balance, current account balance and overall balance data were collected for various years. The analysis of the relationship between exchange rates and balance of payment has been done and it was found that the exchange rates will have an influence the balance of payment of the country.
Foreign Exchange, Balance of payment, Current Account Balance, Capital Account Balance, Time-Series Models.