Exchange Rates Foreign Currency Receipts and the External Balance in Economic Growth
Year: 2026
Type: article
Abstract: The exchange rate is a relative price in an open economy that affects domestic prices, the cost of imported inputs, and exporters' competitiveness. However, the effect of exchange-rate movements on economic growth depends not only on their nominal direction but also on inflation, external demand, the composition of imports, and foreign-currency debt obligations. For this reason, a depreciation should not be treated as an automatic stimulus to exports. Some studies find a positive association between a competitive real exchange rate and economic growth, although the result also depends on institutions and the structure of production [1].
Author: Mukhlisa Akram qizi Norbayeva
Institution: Tashkent International University
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7225623060
FWCI:
Cites:
Cited by:
Related to: