India, the ‘Asian Economic behemoth’, and Mauritius, the ‘African economic miracle’ have strong, long-standing bilateral trade relations. There exists undeniable cultural proximity between India and Mauritius caused by the Indian origin of the…
Trade openness remains one of the key drivers of exchange rate fluctuations in both the long-run and short-run. The relationship between trade openness and exchange rate has long been explained in many theoretical and empirical studies. Nevertheless…