Gul, Sajid; Malik, Fakhra - In: Pakistan journal of commerce and social sciences 7 (2013) 3, pp. 603-617
In this paper, integration of financial markets in Pakistan with those in United Kingdom, have been investigated. For … this purpose we have tested the presence of co integration among Call money Rates (CMR) and t-bills rates (TBR) of Pakistan … and UK. Our data consist of monthly rates of the entire domestic (Pakistan) and foreign (United Kingdom) variables …