Statistical Analysis of Pakistani Currency Regime before and after Floatation
In this paper the trends of exchange rates for the foreign currency are studied yearly for Pakistan rupee. In 2000 State bank of Pakistan officially floated the rupee. In this studies the trends of the exchange rate before floating and after floating and then checks its impact on the GDP per capita...
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Format: | Article |
Language: | English |
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Romanian National Institute of Statistics
2011-05-01
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Series: | Revista Română de Statistică |
Subjects: | |
Online Access: | http://www.revistadestatistica.ro/Articole/2011/A6en_rrs%204_2011.pdf |
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author | Shahid ALI Attaur RAHMAN Hashmat ALI |
author_facet | Shahid ALI Attaur RAHMAN Hashmat ALI |
author_sort | Shahid ALI |
collection | DOAJ |
description | In this paper the trends of exchange rates for the foreign currency are studied yearly for Pakistan rupee. In 2000 State bank of Pakistan officially floated the rupee. In this studies the trends of the exchange rate before floating and after floating and then checks its impact on the GDP per capita of the country. Here we consider the daily data of exchange rates of Pakistani currency from 1995 to 2009. Data was analyzed from 1995 to 2000 in the first step. In the second step data from 2001 to 2009 was analyzed. The result shows that if one wants to fl oat currency he must keep in mind that the political condition or stable and that the economy is also stable so that the system of fl oat can perform its functions completely. |
first_indexed | 2024-12-19T05:33:10Z |
format | Article |
id | doaj.art-8a36063cbaa6464684c3c2df8ee54468 |
institution | Directory Open Access Journal |
issn | 1018-046X 1844-7694 |
language | English |
last_indexed | 2024-12-19T05:33:10Z |
publishDate | 2011-05-01 |
publisher | Romanian National Institute of Statistics |
record_format | Article |
series | Revista Română de Statistică |
spelling | doaj.art-8a36063cbaa6464684c3c2df8ee544682022-12-21T20:34:11ZengRomanian National Institute of StatisticsRevista Română de Statistică1018-046X1844-76942011-05-0159046979Statistical Analysis of Pakistani Currency Regime before and after FloatationShahid ALIAttaur RAHMANHashmat ALIIn this paper the trends of exchange rates for the foreign currency are studied yearly for Pakistan rupee. In 2000 State bank of Pakistan officially floated the rupee. In this studies the trends of the exchange rate before floating and after floating and then checks its impact on the GDP per capita of the country. Here we consider the daily data of exchange rates of Pakistani currency from 1995 to 2009. Data was analyzed from 1995 to 2000 in the first step. In the second step data from 2001 to 2009 was analyzed. The result shows that if one wants to fl oat currency he must keep in mind that the political condition or stable and that the economy is also stable so that the system of fl oat can perform its functions completely.http://www.revistadestatistica.ro/Articole/2011/A6en_rrs%204_2011.pdfPakistanrupeeexchange rate |
spellingShingle | Shahid ALI Attaur RAHMAN Hashmat ALI Statistical Analysis of Pakistani Currency Regime before and after Floatation Revista Română de Statistică Pakistan rupee exchange rate |
title | Statistical Analysis of Pakistani Currency Regime before and after Floatation |
title_full | Statistical Analysis of Pakistani Currency Regime before and after Floatation |
title_fullStr | Statistical Analysis of Pakistani Currency Regime before and after Floatation |
title_full_unstemmed | Statistical Analysis of Pakistani Currency Regime before and after Floatation |
title_short | Statistical Analysis of Pakistani Currency Regime before and after Floatation |
title_sort | statistical analysis of pakistani currency regime before and after floatation |
topic | Pakistan rupee exchange rate |
url | http://www.revistadestatistica.ro/Articole/2011/A6en_rrs%204_2011.pdf |
work_keys_str_mv | AT shahidali statisticalanalysisofpakistanicurrencyregimebeforeandafterfloatation AT attaurrahman statisticalanalysisofpakistanicurrencyregimebeforeandafterfloatation AT hashmatali statisticalanalysisofpakistanicurrencyregimebeforeandafterfloatation |