The Causality Test on Exchange Market Pressure on Output in Turkey
The Causality Test on Exchange Market Pressure on Output in Turkey

Summary/Abstract: It puts strain on the exchange market and affects negatively the expectations of the economic actors that a country’s national currency has high volatility and the central bank has inadequate reserves. In this study, causality tests are used to examine whether the pressures in the foreign exchange market are effective on economic growth in the Turkish economy. According to findings attained by analyzing data from 2005:01 to 2021:10, it is concluded that the pressure on the foreign exchange market has an adverse effect on growth in the long duration.

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