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Impact of exchange rates on periodicals subscription in Indian libraries.
- Source :
- Collection Building; 2010, Vol. 29 Issue 3, p91-97, 7p
- Publication Year :
- 2010
-
Abstract
- Purpose - The purpose of this paper is to study the effects of exchange rates of foreign currencies on the material budget in the libraries in India. Design/methodology/approach - A sample of journals costing in foreign currency was selected for the purpose of study. A comparison of inflation rate pertaining to serial price is done with the general rate of inflation in India. Findings - The paper finds that exchange rates of foreign currencies have extensive impact on the acquisitions budget of the libraries in India. Practical implications - Academic institutions may protect the buying powers of the libraries while allocating funds, keeping in mind the strengthening or weakening of Indian Rupee in comparison to foreign currencies. Originality/value - This is one of the comprehensive studies on the impact of foreign exchange on subscription in Indian libraries system. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 01604953
- Volume :
- 29
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Collection Building
- Publication Type :
- Academic Journal
- Accession number :
- 52351382
- Full Text :
- https://doi.org/10.1108/01604951011060376