International Journal of Research in Finance and Marketing
  • Year: 2016
  • Volume: 6
  • Issue: 5

Study of Exchange Rate Movement, Economic Growth on Foreign Direct Investment in Sulatanate of Oman

  • Author:
  • Soofi Asra Mubeen, Anitha Ravikumar
  • Total Page Count: 7
  • Page Number: 91 to 97

Lecturers in, Business Department, Higher College of Technology, Al khuwair, Muscat, Sultanate of Oman

Online published on 29 March, 2017.

Abstract

The present paper aims at providing the impact of exchange rate movements, economic growth on FDI in Sultanate of Oman and to study the relationship between exchange rate, economic growth and FDI taking into consideration 15 years of data from 2000–2014. Data were collected through secondary sources and analyzed by using statistical tools like Correlation, Regression, ANOVA with SPSS and the results revealed through correlation analysis that exchange rate does not have control on FDI inflows into the country but the economic growth has influence on FDI inflows into Sultanate of Oman. The results of Regression Analysis showed that FDI inflow in to the country is due to Economic growth. The association between independent variables exchange rate, economic growth and dependent variable Foreign Direct Investment (FDI) calculated on the basis of ANOVA and it is found that economic growth has significant impact on attracting foreign direct investment and exchange rate does not stimulate on the foreign direct investment

Keywords

Exchange rate, Economic growth, Foreign direct Investment