Please use this identifier to cite or link to this item: http://idr.iimranchi.ac.in:8080/xmlui/handle/123456789/949
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dc.contributor.authorNaresh, G.-
dc.contributor.authorAnanda, S.-
dc.date.accessioned2021-09-09T08:59:06Z-
dc.date.available2021-09-09T08:59:06Z-
dc.date.issued2021-06-
dc.identifier.citationNaresh, G., & Ananda, S. (2021). Bitcoin prices and rupee-dollar exchange rates during COVID-19. International Journal of Electronic Finance, 10(3), 180–190. https://doi.org/10.1504/IJEF.2021.115661en_US
dc.identifier.issn1746-0077-
dc.identifier.urihttps://doi.org/10.1504/IJEF.2021.115661-
dc.identifier.urihttp://idr.iimranchi.ac.in:8080/xmlui/handle/123456789/949-
dc.description.abstractBitcoin is the primary cryptocurrency in the world that can be stored and traded through the internet. Digital contracts and cryptocurrencies created on blockchains have now been used in exchanging instruments on the networks and are available online readily. This paper's main objective is to investigate the causal relationship between bitcoin prices and rupee-US dollar exchange during COVID-19. The study used the Granger causality model to study the price behaviour of bitcoin and the rupee-dollar exchange rate. The study found an unidirectional Granger causality existed, where the rupee-US dollar exchange rate affected the bitcoin price in the Indian market during COVID-19. The bitcoins are widely considered as an investment asset in Indian markets, and the rupee-dollar exchange rate has a significant impact on the bitcoin prices.en_US
dc.language.isoenen_US
dc.publisherInternational Journal of Electronic Finance (IJEF)en_US
dc.subjectBitcoinen_US
dc.subjectCryptocurrencyen_US
dc.subjectFiat currencyen_US
dc.subjectCrypto assetsen_US
dc.subjectExchange rateen_US
dc.subjectStock exchange.en_US
dc.subjectInvestmenten_US
dc.subjectPortfolioen_US
dc.subjectCOVID-19en_US
dc.subjectCausalityen_US
dc.subjectBitcoin pricesen_US
dc.subjectRupee-dollar exchange rateen_US
dc.subjectGranger causalityen_US
dc.subjectIIM Ranchien_US
dc.titleBitcoin prices and rupee-dollar exchange rates during COVID-19en_US
dc.typeArticleen_US
dc.volume10en_US
dc.issue3en_US
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