Determinants of Exchange Rate: A Case Study of Pakistan

Authors

  • Muhammad Kamran Bhatti M. Phil Scholar, National College of Business Administration & Economics Multan Campus Author
  • Arif Raza M. Phil Scholar, National College of Business Administration & Economics Multan Campus Author
  • Nadia M. Phil Scholar, National College of Business Administration & Economics Multan Campus Author

Keywords:

Exchange Rate, Terms of Trade, Ordinary Least Square, Pakistan

Abstract

Objective of the study is to check the effect of the determinants of the exchange rate the context of Pakistan for the 29 years (1991-2019). Data source is the World Bank (WB), International Financial Statistics (IFS) and Pakistan Economic Survey. The Ordinary Least Square (OLS) Method is applied to get the results of the study. Results of the OLS show that TOT and INF have statistically significant and positive impact on the Exchange Rate (ER) in the Pakistan. GOVD and IR have statistically significant and negative impact on the Exchange Rate (ER) in the Pakistan

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Published

2020-06-30

Issue

Vol. 3 No. 2 (2020): Meritorious Journal of Social Sciences and Management

Section

Articles

License

Copyright (c) 2020 Muhammad Kamran Bhatti, Arif Raza, Nadia (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.