C. Miya
This study examines the relationship between Real Exchange Rate and EconomicGrowth of Asia - Pacific Foreign Exchange Countries. It was conducted on quarterlydata and used Unit Root Test, Correlation Test, Linear Regression, Cointegration Test,Causal Relationship, and Maximum Eigen Value Statistics. The findings revealed thatIndonesia was the only country, which attained linear relationship with all the samplevariables of Economic growth, except Inflation. Hong Kong recorded bidirectionalcausal relationships between Real Exchange rate and majority of the Economic Growthvariables (Exports, Gross Domestic Product, Imports and Inflation). In two countries,Hong Kong and India, all the five cointegrating vectors indicated long-run relationshipbetween real exchange rate and economic growth