A Report On Correlation Of Indian Markets With Dollar Price Reference To Elite Forex Private Limited Hyderabad

Abstract

The relationship between the Indian financial markets and the U.S. dollar (USD) exchange rate plays a crucial role in shaping investment trends, economic stability, and policymaking. Fluctuations in the USD/INR exchange rate impact stock market performance, foreign institutional investments (FII), trade balances, inflation, and overall economic growth. A depreciating rupee often leads to capital outflows, increased import costs, and higher inflation, whereas a strengthening rupee can boost investor confidence and enhance economic stability. The major objective of this study is to assess the foreign risk management with regard to ELITE FOREX PRIVATE LIMITED. Convenience sampling method has used in the research work. Multiple choice questions have been chosen to collect the responses from 100 respondents. The data collected has been analyzed through various statistical tools like Karl Pearson’s Correlation, Chi- square test and One-way Anova test. Numerous new findings has been derived from this research has helped to provide few suggestions to improve the foreign exchange risk management at ELITE FOREX PRIVATE LIMITED