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Quarterly Journal of Econometrics Research

June 2015, Volume 1, 2, pp 23-31

Role of Foreign Investment and External Debt in Determination of Exchange Rate

Abdul Basit


Ishaque Ahmed Ansari

Abdul Basit 1 ,

Ishaque Ahmed Ansari 1 
  1. Statistics & DWH Department State Bank of Pakistan, Pakistan 1

Pages: 23-31

DOI: 10.18488/journal.88/2015.1.2/

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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
Contribution/ Originality
This study is one of very few studies which have investigated the relationship between the inflow/outflow of foreign currencies and the exchange rate.




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