Open AccessExchange Rate Fluctuations & Economy of Pakistan, Time series Analysis (1989-2013)
Author(s) -
Muhammad Memon,
Raheem Bux Soomro,
Sajid Hussain Mirani,
Mansoor Ahmed Soomro
Publication year - 2020
Publication title -
revista electronica de investigacion en ciencias economicas
Language(s) - English
Resource type - Journals
ISSN - 2308-782X
DOI - 10.5377/reice.v8i16.10710
Subject(s) - currency , economics , valuation (finance) , christian ministry , exchange rate , debt , monetary economics , variables , regression analysis , international economics , macroeconomics , finance , philosophy , theology , machine learning , computer science
Economic stability is remained on topmost priority of every country, and different measures were suggested by the researchers worldwide, by moving on the same track study was carried out to predict the currency valuation factors, data were collected from export promotion bureau, state bank of Pakistan, and ministry of finance for 25 years (1989-2013), by using linear regression; currency valuation as dependent variable, exports, changes in external debt, and total reserves as independent variables and concluded that only the exports of Pakistan is a right predictor of currency valuation of the country which policy makers must have incorporate in formation of economic policies and setting the targets before fiscal policy.