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...

Full description

Bibliographic Details
Main Authors: Shahid ALI, Attaur RAHMAN, Hashmat ALI
Format: Article
Language:English
Published: Romanian National Institute of Statistics 2011-05-01
Series:Revista Română de Statistică
Subjects:
Online Access:http://www.revistadestatistica.ro/Articole/2011/A6en_rrs%204_2011.pdf
_version_ 1818845658880147456
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