Discovering the Relation between Stock Prices and Exchange Rates

Author(s)	Varun Bansal, Prof. Charu Bhurat
Country	India
Abstract	This paper tries to examine the relation between the USD/INR exchange rate and NSE Nifty50 in India. Further this paper attempts to draw possible theoretical explanations explaining the relation between the two. It is a well known fact that the dollar price or money exchange rate has a great influence on NSE, therefore; this research identifies the level of influence of exchange rate on Nifty50. For establishing the relationship, Regression Analysis has been implemented using excel. The results suggest that the Exchange Rate significantly affects the performance of Nifty50.
Keywords	Stock prices, Exchange Rates, Stock Markets, Foreign Exchange
Published In	Volume 6, Issue 4, July-August 2024
Published On	2024-07-30
Cite This	Discovering the Relation between Stock Prices and Exchange Rates - Varun Bansal, Prof. Charu Bhurat - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.25431
DOI	https://doi.org/10.36948/ijfmr.2024.v06i04.25431
Short DOI	https://doi.org/gt5532

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