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Collect monthly data on discount rate, call money rate (or KIBOR), t-bill rate, interest rate on excess reserves (SBP repo and reverse repo rates) from

Collect monthly data on discount rate, call money rate (or KIBOR), t-bill rate, interest rate on excess

reserves (SBP repo and reverse repo rates) from June 2014 to December 2020. Does the data confirm to

the hypothesis that Pakistan's monetary policy follows an interest rate corridor framework? Using this

information, explain how does SBP implements its monetary policy decisions.

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