University of Arid Agriculture Rawalpindi
The Relationship between Stock Prices and Exchange Rate,
Evidence from Pakistan
Usman Azhar 08-arid-1606
Abid Hussain 08-arid-1608
Faisal Shahzad 08-arid-1620
Usman Fazal 08-arid-1634
MBA Finance
University Institute of Management Sciences
Dedication
We would like to dedicate this accomplishment to our beloved and caring parents, and to our teachers with the support of whom we are standing at this step of our life stairs.
Acknowledgement
All gratitude and thanks to almighty “ALLAH” the Gracious, the most Merciful and Beneficent Who gave us courage to undertake and complete this task. We are very much obliged to our ever caring and loving parents whose prayers have enabled us to reach this stage. We are grateful to almighty ALLAH who made us able to complete the work presented in this report. It is due to HIS Unending Mercy that this work moved towards success. We are highly indebted to our course co-coordinator and research supervisor Miss. Sidra Shehzadi whose patience and faith in our abilities always boosted our confidence. We are very great full to our teacher Mr. Ammar Asghar for providing us guideline for the completion of this report. We would like to present a token of thanks to our visiting faculty members Mr. Arshad Hassan and Mr. Zaheer Abbas, who were cooperative to us in the completion of this report and provide us their complete guidance.
Our special thanks to Mr. Kashif Saeed (Assistant Professor Economics Dept) and Sir. Abdul Shakoor (Chairman Statistic Dept.) who gave us a horde of useful information and treated us extraordinarily at each step of our learning during research work.
Abstract
The paper examines the long and short run relationship between stock prices and exchange rate in the context
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