management of financial services
CIA-3
MANAGEMENT OF FINANCIAL SERVICES
DOES FOREIGN EXCHANGE RESERVE AFFECT EXTERNAL COMMERCIAL BORROWINGS– INDIAN PRAGMATIC INDICATION
SUBMITTED TO T.S.RAMACHANDRAN
Review of Research Paper
Citation:
UmanathKumarasamy,Does foreign exchange reserve affect external commercial borrowings– Indian pragmatic indication, International Journal of Arts, Science & Commerce Vol.– III, Issue 2(2), April 2012 [89].
Title:
Does foreign exchange reserve affect external commercial borrowings– Indian pragmatic Indication.
Introduction:
A central bank of the country controls foreign exchange reserves by implementing the policies and procedures, which results the valuations of currency. External Commercial Borrowings (ECB) also not exempted from this. Major shifts in balance sheet variables can eventually have significant macroeconomic effects which depend both on how the associated risk exposures are managed and on how intervention is financed The value of foreign exchange reserves can change due by change in a central bank’s monetary policy. A central bank’s fixed exchange rate policy may create circumstances where supply and demand would push the value of the currency in lower or higher. In a supple exchange rate rule, these activities crop up mechanically, with the central bank defrayal any excess demand or supply by foreign currency bought and sold. External Commercial Borrowings (ECB) also not exempted from that, objectively study attempt to prove it, before embarking, would like to note what Fx Reserve is and what ECB is.
Foreign Exchange Reserve:
The deposits of foreign currency held by a central bank of the country refer to as Fx Reserve. Holding the currencies of other
MANAGEMENT OF FINANCIAL SERVICES
DOES FOREIGN EXCHANGE RESERVE AFFECT EXTERNAL COMMERCIAL BORROWINGS– INDIAN PRAGMATIC INDICATION
SUBMITTED TO T.S.RAMACHANDRAN
Review of Research Paper
Citation:
UmanathKumarasamy,Does foreign exchange reserve affect external commercial borrowings– Indian pragmatic indication, International Journal of Arts, Science & Commerce Vol.– III, Issue 2(2), April 2012 [89].
Title:
Does foreign exchange reserve affect external commercial borrowings– Indian pragmatic Indication.
Introduction:
A central bank of the country controls foreign exchange reserves by implementing the policies and procedures, which results the valuations of currency. External Commercial Borrowings (ECB) also not exempted from this. Major shifts in balance sheet variables can eventually have significant macroeconomic effects which depend both on how the associated risk exposures are managed and on how intervention is financed The value of foreign exchange reserves can change due by change in a central bank’s monetary policy. A central bank’s fixed exchange rate policy may create circumstances where supply and demand would push the value of the currency in lower or higher. In a supple exchange rate rule, these activities crop up mechanically, with the central bank defrayal any excess demand or supply by foreign currency bought and sold. External Commercial Borrowings (ECB) also not exempted from that, objectively study attempt to prove it, before embarking, would like to note what Fx Reserve is and what ECB is.
Foreign Exchange Reserve:
The deposits of foreign currency held by a central bank of the country refer to as Fx Reserve. Holding the currencies of other