TY - THES A1 - Bayrak, Onur T1 - Monetary policy and its impact on exchange rates and foreign trade in Türkiye within the last decade N2 - After having overcome the effects of the Global Financial Crisis quickly, the price stability in Türkiye has deteriorated. In line with an expansionary course, the value of the Turkish lira depreciated and price levels started rising. Therefore, this paper will focus on the impact of monetary policy on exchange rates and foreign trade in Türkiye since 2012. For this purpose, the Mundell-Fleming model is introduced, which is a short-run macroeconomic model that assesses the effects of fiscal and monetary policies under different exchange rate regimes. Aggregated macro data on different indicators, which are representing key variables, is analyzed by using descriptive analysis. The empirical results were interpreted and discussed in line with the underlying model. The main findings of the paper suggest that Turkish monetary policy had a negative impact on exchange rates and thus on trade, especially since 2017 after the change of governmental system. KW - Monetary policy KW - Exchange rates KW - Foreign trade KW - Descriptive statistics KW - Türkiye Y1 - 2023 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:hbz:1383-opus4-17090 ER -