id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
amfbr-551	Allahyarifard, Mahmoud; Karimzadeh, Mostafa; Falahi, Mohammad Ali; Meidani, Ali Akbar Naji	The Dynamics of the Exchange Rate and Extension of Monetary Trilemma: (Iran Economy Case Study)	2020	23	.pdf	application/pdf	11514	449	53	Copyright © CC-BY-NC 2020, CRIBFB | AMFBR American Finance & Banking Review; Vol. 5, No. 1; 2020 ISSN 2576-1226 E-ISSN 2576-1234 Published by Centre for Research on Islamic Banking & Finance and Business, USA 27 The Dynamics of the Exchange Rate and Extension of Monetary Trilemma (Iran Economy Case Study)** Mahmoud Allahyarifard PhD Graduated from PhD in Economics Ferdowsi University of Mashhad, Iran E-mail: allahyarifard@gmail.com Mostafa Karimzadeh PhD Assistant Professor of Economics Ferdowsi University of Mashhad, Iran E-mail: m.karimzadeh@um.ac.ir Mohammad Ali Falahi PhD Professor of Economics Ferdowsi University of Mashhad, Iran E-mail: falahi@um.ac.ir Ali Akbar Naji Meidani PhD Associate Professor of Economics Ferdowsi University of Mashhad, Iran E-mail: naji@um.ac.ir Abstract Simultaneous making policy of interest rates, exchange rates and capital accounts can be extended to trilemma theory, contrary to its earlier theories, provided that the imbalances of the private sector, the government and the capital account adjusted through the policy variables such as the government expenditures, the interest rates on domestic deposits, the interest rates on domestic loans, effective exchange rates, foreign prices and foreign interest rates. This is in accordance with the fundamental principles of the monetary approach balance of payments and exchange rate.	cache/amfbr-551.pdf	txt/amfbr-551.txt
