This paper analyzes the effectiveness of monetary policy on money and credit in Pakistan by using the data rich … that after a positive shock in interest rate (discount rate), M0 and M1 do not show any significant response, while M2 … public sector enterprises and M2. An increase in interest rate discourages private sector which leads to slowdown in the …

interest rate, although one of the main criteria of Islamic finance is to avoid business and activities that yield interest … that there is no impact of interest rate on DJIMI. These two stock market indices have different screening criteria and … different composite of securities. This study aims at investigating the monetary policy variables impact, the effect of interest …

interest rate, although one of the main criteria of Islamic finance is to avoid business and activities that yield interest … that there is no impact of interest rate on DJIMI. These two stock market indices have different screening criteria and … different composite of securities. This study aims at investigating the monetary policy variables impact, the effect of interest …