An Estimation of the Extent of Overvaluation of the Domestic Currency in Pakistan at the Official Rate of Exchange, 1948/49-1964/65

A. I. Islam
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A. I. Islam: Planning Department, Government of East Pakistan.

The Pakistan Development Review, 1970, vol. 10, issue 1, 50-67

Abstract: The purpose of this paper is mainly two-fold: to exaniine some methodological issues involved in estimating the rate of overvaluation and to make a point-estimate of the rate based on observed data; and to construct time-series estimates of rates of overvaluation of Pakistani currency at the official exchange rate for the period from 1948/49 to 1964/65.

Date: 1970
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