Pass-through of Change in Policy Interest Rate to Market Rates

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M. Idrees Khawaja; Sajawal Khan;
  • Journal: The Pakistan Development Review,volume 47,issue 4,pages661-674

This paper examines the pass through of the change in policy interest rate of the central bank of Pakistan to market interest rates. The market rates examined include KIBOR, six month deposit rate and weighted average lending rate. More or less complete pass-through of ... View more
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