Series: IMF Working Papers
Author(s): Poonam Gupta , and James Gordon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2004
Keywords: Nonresident Deposits, NRIs, foreign currency, equation, correlation, independent variables, statistics, Open Economy Macroeconomics, Nonreisent Deposits,
This paper analyzes trends in the accumulation of NRI (nonresident Indian) deposits and investigates the determinants of these inflows. It finds that monthly deposit flows have been quite stable since the 1991 cris...