Since 2014
COINTEGRATION BETWEEN EXCHANGE RATE AND INTEREST RATE DIFFERENTIAL: THE CASE OF PAK RUPEE/US DOLLAR
International Journal of Management and Information Technology
View Archive Info| Field | Value | |
| Title |
COINTEGRATION BETWEEN EXCHANGE RATE AND INTEREST RATE DIFFERENTIAL: THE CASE OF PAK RUPEE/US DOLLAR
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| Creator |
Ali Shah G.Syed, Dr.Anwar
M.Shaikh, Faiz Sattar Shah, Abdul Akram, Muhammad |
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| Subject |
exchange rate; interest rate differential.
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| Description |
Empirical literature is inconclusive whether a relationship exists between Interest Rate Differential and exchange rate. However, theoretical literature suggests that such positive relationship exists between these variables. Monthly interest rate data between Pakistan and USA from Jan 2001 to December 2010 was taken and co-integration technique was applied to empirically test the relationship between both variables. The results show no relationship exists between these variables. This results supports the findings of previous studies of Edison and Pauls (1993) and Shah,A and Saeed Ur Reham (2010).
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| Publisher |
CIRWORLD
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| Date |
2015-07-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://cirworld.com/index.php/ijmit/article/view/617
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| Source |
INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY; Vol 10 No 5; 2146-2150
2278-5612 |
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| Language |
eng
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| Relation |
https://cirworld.com/index.php/ijmit/article/view/617/603
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| Rights |
Copyright (c) 2015 INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY
http://creativecommons.org/licenses/by/4.0 |
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