Modelling Exchange Rate Volatility by Macroeconomic Fundamentals in Pakistan
作者： Munazza Jabeen , Saud Ahmad Khan , None
DOI: 10.33818/IER.278035
关键词:
摘要: What drives volatility in foreign exchange market Pakistan? This paper undertakes an analysis of modelling rate Pakistan by potential macroeconomic fundamentals well-known the economic literature. For this monthly data on Pak Rupee rates terms major currencies (US Dollar, British Pound, Canadian Dollar and Japanese Yen) macroeconomics is taken from April, 1982 to November, 2011. The results show that PKR-USD influenced real output volatility, reserves inflation productivity volatility. PKR-GBP trade PKR-CAD findings reveal shocks than nominal
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