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Some emerging economies have recently experienced large government surpluses and accelerating foreign exchange reserve accumulation far in excess of what would be implied by the literature on optimal reserves. China in particular has repeatedly stressed that there may be an upper limit to how...
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) framework is often lacking in Emerging economies. In this paper, we evaluate these structures for the economy of Pakistan both … conditions, we go further by investigating that if State Bank of Pakistan (SBP) decides to adopt IT, does there exist a stable …, this study suggests that Pakistan, due to the absence of most fundamental requirements of IT, is perhaps not ready for …
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We looked into Pakistan’s central bank response to the foreign exchange inflows, for the period from 2001:01 to 2007 …
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