USD/INR

GBP/INR

Euro/INR

INR/JPY

AVR statistic

0.607

−0.147

−0.011

−1.803^†

AVR p-value

0.590

0.830

0.967

0.083

$C{D}_{\left(R_1\right)}$ statistic

3.069*

1.424

1.094

2.755*

$C{D}_{\left(R_1\right)}$ Critical Value (5%)

2.195

2.195

2.195

2.195

$C{D}_{\left(R_2\right)}$ statistic

3.516*

1.200

0.868

2.772*

$C{D}_{\left(R_2\right)}$ Critical Value (5%)

2.292

2.292

2.292

2.292