Economics, Econometrics and Finance
4 years ago

Crude oil prices impact Indian stock market and exchange rates significantly.

International Journal of Energy Economics and Policy
NEXUS BETWEEN CRUDE OIL, EXCHANGE RATE AND STOCK MARKET RETURNS: AN EMPIRICAL EVIDENCE FROM INDIAN CONTEXT
Guntur Anjana Raju, Sanjeeta Shirodkar, S. Marathe

Paper Summary

Related papers

Economics, Econometrics and Finance
7 years ago

Bangladesh's Economic Growth Linked to Carbon Emissions: Urgent Action Needed

Environmental Impact
Rebound Effect
Oil Price Shocks
3 views
Economics, Econometrics and Finance
8 years ago

Green food industry boosts quality of economic growth in China

Environmental Impact
Economics, Econometrics and Finance
8 years ago

Independent innovation drives booming forestry industry growth in China!

Environmental Impact

The article explores how crude oil prices affect the exchange rate and stock market returns in India from 2003 to 2019. The researchers found that changes in crude oil prices have a significant impact on the USD/INR exchange rate. When crude oil prices drop, it can lower the prices of non-traded goods in India, affecting the real exchange rate and stock market returns. This study used statistical methods to analyze the data and draw these conclusions.