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The Euro Dollar Exchange Rate & Pakistan Economy

Sulaiman D. Mohammad and Irfan Lal ()

MPRA Paper from University Library of Munich, Germany

Abstract: The core idea of the paper is to empirically assess the effect of Euro-Dollar Exchange rate on chosen macroeconomic variables, like, real output, price level, and money supply of Pakistan. We applied VAR based approaches to find the relation among the said variables due to high reliance on United States dollar; the results are apparent that there is no significant impact of Euro and US dollar exchange rate on the selected macroeconomic variables, GDP, CPI and money Supply of Pakistan.

Keywords: Exchange rate; Impulse response; Macroeconomics Aggregates (search for similar items in EconPapers)
JEL-codes: B22 C01 F31 (search for similar items in EconPapers)
Date: 2010-12-10
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Citations: View citations in EconPapers (1)

Published in European Journal of Scientific Research 1.42(2010): pp. 6-15

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