Pakistan’s Parallel Foreign Exchange Market
نویسندگان
چکیده
منابع مشابه
Inflation dynamics and the parallel market for foreign exchange
Pinto (1990) in World Bank Economic Review 3, 321-338, showed that unification of official and 'parallel ' market exchange rates may lead to an increase in steady-state inflation, because of the fiscal impact of real official exchange rate changes. This paper shows how this, and other comparative static and stability results in Pinto (1990), are reversed under the assumption that official excha...
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متن کاملThe Effectiveness of Macroeconomic Variables on Foreign Exchange Market
This study investigates the effects of macroeconomic variables and their role in development of foreign exchange market. The foreign exchange market is the mechanism by which a person of firm transfers purchasing power form one country to another, obtains or provides credit for international trade transactions, and minimizes exposure to foreign exchange risk. The foreign exchange transaction i...
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ژورنال
عنوان ژورنال: THE LAHORE JOURNAL OF ECONOMICS
سال: 2014
ISSN: 1811-5446
DOI: 10.35536/lje.2014.v19.isp.a1