Analysis of a Parallel Informal Exchange Rate System in Indo-Bhutanese Border Towns. Issue 4 (8th August 2021)

• Record Type: Journal Article
• Authors: Sharma, Ankur
• Is Part Of: Journal of borderlands studies. Volume 36:Issue 4(2021)
• Page Start: 565
• Page End: 577
• Publication Date: 2021-08-08
• Subjects: Mexican-American Border Region -- Periodicals; United States -- Relations -- Mexico -- Periodicals; Mexico -- Relations -- United States -- Periodicals; Borderlands -- Periodicals; ESTADOS UNIDOS -- RELACIONES -- MEXICO -- PUBLICACIONES PERIODICAS; MEXICO -- RELACIONES -- ESTADOS UNIDOS -- PUBLICACIONES PERIODICAS; Borderlands; International relations; Mexico; North America -- Mexican-American Border Region; United States; Periodicals; 303.48273072
• DOI: 10.1080/08865655.2019.1635515
• Languages: English
• ISSNs: 0886-5655

Abstract

ABSTRACT: The Bhutanese Ngultrum and the Indian Rupee follow a fixed exchange rate system but within the border towns between India and Bhutan, an informal exchange rate system exists, which in contrast, is primarily based on market value system. The researcher aimed to study the underlying dynamics associated with an informal exchange rate system co-existing with the official market rate within the borderland regions of India and Bhutan. This research was focussed primarily upon intensive research methodology through interactive interviews, qualitative analysis and, primarily, in-site participant observation research techniques.