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Have economic reforms affected exchange rate pass-through to prices in India?

By: Khundrakpam, Jeevan Kumar.
Material type: materialTypeLabelArticlePublisher: 2008Description: p.71-79.Subject(s): Exchange rates - India | Economic reform - India | Economic reform In: Economic and Political WeeklySummary: This paper examines the behaviour of exchange rate pass-through to domestic prices in India after the reforms initiated in the early 1990s. Unlike observed in several countries, it finds a rise in exchange rate pass-through to domestic prices until recent years. Besides economic factors typically associated with economic liberalisation, the persistence of higher inflation is an important factor for the rise in pass-through. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 43, Issue no: 16 Available AR78302

This paper examines the behaviour of exchange rate pass-through to domestic prices in India after the reforms initiated in the early 1990s. Unlike observed in several countries, it finds a rise in exchange rate pass-through to domestic prices until recent years. Besides economic factors typically associated with economic liberalisation, the persistence of higher inflation is an important factor for the rise in pass-through. - Reproduced.

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