Forecasting Exchange Rate of Pakistan Using Time Series Analysis

Table 2

ADF test for and at levels intercept.

	ADF statistic	Probability	Critical values		Results’ interpretation
	−2.0504485	0.2653	−3.435536	@1% level	Nonstationary
			−2.863718	@5% level	Nonstationary
			−2.567980	@10% level	Nonstationary
	−43.56188	0.0001	−3.435536	@1% level	Stationary
			−2.863718	@5% level	Stationary
			−2.567980	@10% level	Stationary