عنوان مقاله [English]
The exchange rate is among the most important variables that affect the trade balance and national production of each country through changing the price of imported and exported goods, the degree of domestic producer competitiveness against the foreign producer, and, in general, the production of wealth and power of the country. Supporting domestic production and increasing GDP is one of the main goals of the resistance economy as well as the 1404 (2025) landscape, and realizing it requires the establishment of an appropriate exchange rate. The purpose of this article is to rely on the experience of the exchange rate, import, and export as well as its impact on national production during 2001-2016. We find that the policy of fixing the nominal exchange rate and the non-consideration of the difference between Iran's inflation and the global average in determining the exchange rate, which caused the depreciation of the real exchange rate for most of this period has increased imports, reduced domestic producers’ competitiveness against foreign producers, and also led to the vulnerability of the national economy. We use economic theory and empirical evidence to examine the relation between the exchange rate and the trade balance during the mentioned period. The result clearly indicates a need for revising the exchange rate policy.