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- W2053266675 abstract "This study probes crude oil price – exchange rate nexus for India using daily data for the time span July 2, 2007–November 28, 2008. Generalized autoregressive conditional heteroskedasticity (GARCH) and exponential GARCH (EGARCH) models have been employed to examine the impact of oil price shocks on nominal exchange rate. The study reveals that an increase in the oil price return leads to the depreciation of Indian currency vis-à-vis US dollar. The study also establishes that positive and negative oil price shocks have similar effects, in terms of magnitude, on exchange rate volatility and oil price shocks have permanent effect on exchange rate volatility." @default.
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- W2053266675 date "2011-05-01" @default.
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- W2053266675 title "Examining crude oil price – Exchange rate nexus for India during the period of extreme oil price volatility" @default.
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- W2053266675 doi "https://doi.org/10.1016/j.apenergy.2010.10.043" @default.
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