Null Hypothesis

F-Statistics

Probality

GBP_MUR does not Granger Cause EUR_MUR

15.7862

0.00*

EUR_MUR does not Granger Cause GBP_MUR

1.28634

0.2534

USD_MUR does not Granger Cause EUR_MUR

74.6328

0.00*

EUR_MUR does not Granger Cause USD_MUR

3.7302

0.0005*

JPY_MUR does not Granger Cause EUR_MUR

1.29828

0.2475

EUR_MUR does not Granger Cause JPY_MUR

0.83613

0.5573

USD_MUR does not Granger Cause GBP_MUR

1.30408

0.2446

GBP_MUR does not Granger Cause USD_MUR

9.0612

0.00*

JPY_MUR does not Granger Cause GBP_MUR

1.262

0.2658

GBP_MUR does not Granger Cause JPY_MUR

5.73899

0.00*

JPY_MUR does not Granger Cause USD_MUR

1.59979

0.1314

USD_MUR does not Granger Cause JPY_MUR

2.94586

0.0046*

(Author’s Computation)