Impact of Exchange Rate Volatility on Afghanistan Trade Flows

Abstract

The exchange rate is considered as one of the important indicators of international economic development and thereby has had a significant influence on the country's‟ foreign tradeflows. Real exchange rate movement is commonly believed to permanently affect both the export and import. One of the major economic issues that have received a great deal of attention by many researchers and academics is also the effects of exchange rate movement on the trade volumes and flows.