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The impact of exchange rate misalignment on economic growth has become an important research topic in recent years in many different countries. Especially, in the context of global economic turmoil and trading conflicts between China and the United States, many countries have raised interest rates to combat rising inflation. Governments try to find suitable exchange rate policies to help stabilize the inflation and develop their economies. This paper aims to analyze the misalignment of the realdoi:10.57110/vnujeb.v2i6.123 fatcat:2rt5kjnhvvcxxo2ydgmiwo66dy