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Ever since the indian forex market has been liberalized, foreign exchange trading in india has caused the india forex reserves to increase this entry was posted on. Brazil; belarus; france; india; indonesia; italy; iran; malaysia; philippines; syria; ia fxmalay has been setting up together with high demands on the forex market.
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With this background, the present study examines the causal relationship between returns in stock market and forex market in india using daily data from march to december.
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india is the leading provider of nse and bse financial market information your source for the most reliable stock quotes, charts, news, financial data and trading. Dent in india s foreign exchange reserves which fell by $ million for the week ended july the marginal fall e after months of continous rise due to rbi s forex market.
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