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NEER_Index Private_Invest ment Money_Supply BDG_CPI i NEER_Index Pearson Correlation 1 .865 ** .844 ** Sig. (2-tailed) .000 .000 N 36 36 36 Private_Investment Pearson Correlation .865 ** 1 .998 ** Sig. (2-tailed) .000 .000 N 36 36 36 Money_Supply Pearson Correlation .844 ** .998 ** 1 Sig. (2-tailed) .000 .000 N 36 36 36 BDG_CPI_Inflation Pearson Correlation .040 .025 .036 Sig. (2-tailed) .819 .887 .837 N 35 35 35 Deposit_rate Pearson Correlation .659 ** .548 ** .538 ** Sig. (2-tailed) .000 .001 .001 N 36 36 36 Trade_Balance Pearson Correlation -.781 ** -.785 ** -.769 ** Sig. (2-tailed) .000 .000 .000 N 36 36 36 Remittance Pearson Correlation .885 ** .917 ** .906 ** Sig. (2-tailed) .000 .000 .000 N 36 36 36 FDI Pearson Correlation -.718 ** -.712 ** -.703 ** Sig. (2-tailed) .000 .000 .000 N 36 36 36 Portfolio_Investment Pearson Correlation -.006 .113 .112 Sig. (2-tailed) .974 .511 .515 N 36 36 36 Other_Investment Pearson Correlation -.066 -.128 -.147 Sig. (2-tailed) .703 .457 .391 N 36 36 36 Foreign_Reserve Pearson Correlation .732 ** .947 ** .963 ** Sig. (2-tailed) .000 .000 .000 N 36 36 36 US_Inflation Pearson Correlation -.005 -.179 -.188

Correlations

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Correlations

NEER_IndexPrivate_InvestmentMoney_SupplyBDG_CPI_InflationDeposit_rateTrade_BalanceRemittanceFDIPortfolio_InvestmentOther_InvestmentForeign_ReserveUS_InflationNominal_Interest_Rate

NEER_IndexPearson Correlation1.865**.844**.040.659**-.781**.885**-.718**-.006-.066.732**-.005-.470**

Sig. (2-tailed).000.000.819.000.000.000.000.974.703.000.975.004

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Private_InvestmentPearson Correlation.865**1.998**.025.548**-.785**.917**-.712**.113-.128.947**-.179-.670**

Sig. (2-tailed).000.000.887.001.000.000.000.511.457.000.303.000

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Money_SupplyPearson Correlation.844**.998**1.036.538**-.769**.906**-.703**.112-.147.963**-.188-.661**

Sig. (2-tailed).000.000.837.001.000.000.000.515.391.000.279.000

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BDG_CPI_InflationPearson Correlation.040.025.0361-.146-.239.047.013-.021-.105.080.173-.124

Sig. (2-tailed).819.887.837.403.166.789.939.905.549.649.321.479

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Deposit_ratePearson Correlation.659**.548**.538**-.1461-.350*.483**-.607**-.269-.167.359*-.117-.036

Sig. (2-tailed).000.001.001.403.036.003.000.113.330.032.503.833

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Trade_BalancePearson Correlation-.781**-.785**-.769**-.239-.350*1-.804**.580**.053.180-.696**.104.550**

Sig. (2-tailed).000.000.000.166.036.000.000.758.294.000.554.001

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RemittancePearson Correlation.885**.917**.906**.047.483**-.804**1-.614**.148-.115.844**-.240-.536**

Sig. (2-tailed).000.000.000.789.003.000.000.390.506.000.164.001

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FDIPearson Correlation-.718**-.712**-.703**.013-.607**.580**-.614**1.116.104-.630**-.030.449**

Sig. (2-tailed).000.000.000.939.000.000.000.501.545.000.865.006

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Portfolio_InvestmentPearson Correlation-.006.113.112-.021-.269.053.148.1161-.079.218-.123-.212

Sig. (2-tailed).974.511.515.905.113.758.390.501.647.202.481.214

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Other_InvestmentPearson Correlation-.066-.128-.147-.105-.167.180-.115.104-.0791-.172.077.094

Sig. (2-tailed).703.457.391.549.330.294.506.545.647.316.658.584

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Foreign_ReservePearson Correlation.732**.947**.963**.080.359*-.696**.844**-.630**.218-.1721-.169-.653**

Sig. (2-tailed).000.000.000.649.032.000.000.000.202.316.332.000

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US_InflationPearson Correlation-.005-.179-.188.173-.117.104-.240-.030-.123.077-.1691.051

Sig. (2-tailed).975.303.279.321.503.554.164.865.481.658.332.771

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Nominal_Interest_RatePearson Correlation-.470**-.670**-.661**-.124-.036.550**-.536**.449**-.212.094-.653**.0511

Sig. (2-tailed).004.000.000.479.833.001.001.006.214.584.000.771

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**. Correlation is significant at the 0.01 level (2-tailed).

*. Correlation is significant at the 0.05 level (2-tailed).