Effects of exchange rates on macroeconomics since 1980

The effects of globalization, which is effective both in the economies of the world and in the real markets and in the financial markets, on the economic and political policies implemented by the governments are many. The thesis investigates the macroeconomic relations with the exchange rate systems applied by the countries. Throughout the history of the Republic, foreign exchange rates have been applied to ensure foreign exchange balance balance and macroeconomic balance through exchange rate arrangements. This shows that the applied exchange rate policies alone are not sufficient to restore the macroeconomic balance. The results of the scientific analysis show that exchange rate policies cannot be chosen as a target policy in a way that is desired in order to restore macroeconomic balance. as the transition to market economies is rapidly increasing, it is necessary to calculate many factors, such as openness or surplus in foreign trade, the freedom of capital movements, and the structure of foreign currency reserves, while working on how the optimal exchange rate regime should be.