The effect of exchange rate changes on macroeconomic variables: A case of developing countries

The effect of exchange rate changes in developing countries on macroeconomic variables. In the panel data analysis, the place was examined using the generalized moments method. The impact of real effective exchange rate index on consumer prices and the effects of endemism, exports, the rate of exports meeting imports, unemployment rate, economic growth rate and the impact of the current account deficit on gross domestic product impact were analyzed in Argentina, Brazil, Indonesia, Mexico, Russia and Turkey. The results showed that the change in the real effective exchange rate index for these countries positively affects the inflation rate, economic growth rate and current account deficit has a positive effect on gross domestic product after a period. However, real effective exchange rate index does not have a statistically significant effect on the rate of exports meeting imports and unemployment rate.