Quarterly Journal of Econometrics Research 2518-2536 2411-0523 10.18488/journal.88/2015.1.2/88.1.23.31 Quarterly Journal of Econometrics Research Role of Foreign Investment and External Debt in Determination of Exchange Rate Quarterly Journal of Econometrics Research Quarterly Journal of Econometrics Research 06-2015 2015 06-2015 06-2015 1 2 23 31 30 Nov 30 Nov The purpose of study is to observe importance and impact of the external debt and foreign investment in exchange rate of Pakistan. Ordinary Least Square and Exact Maximum Likelihood methods have been used for estimating the models. Cost of foreign debt ha