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Kiran Choudhary

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Mar 2026

Examining the Complex Role of Fiscal and Monetary Policy Shocks in Shaping Exchange Rate Dynamics: A Case Study of Pakistan's Currency Behavior

This study departs from conventional literature by using quarterly data instead of annual data, enabling a more detailed exploration of short-term and long-term exchange rate fluctuations. It introduces an innovative analysis of the asymmetric effects of fiscal and monetary shocks on the Real Effective Exchange Rate (R...

Mujtaba Arshad, Ghosia Ayaz Abbas, Kiran Choudhary · 0 citations

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