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This document summarizes a research article that examines the impacts of macroeconomic variables on the foreign exchange rates of South Asian Association for Regional Cooperation (SAARC) member countries. The study uses data from 1981 to 2019 and the Fully Modified Ordinary Least Square (FMOLS) method to estimate long-run coefficients. The FMOLS results show that variables like trade, inflation, GDP, debt services, trade openness, and tariff rates are inversely related to exchange rates, while broad money i

Author

International Journal of Management Research and Emerging Sciences

Language

EN