محددات سعر صرف الدينار الجزائري للفترة 1990-2017

الملخص EN

This research aims to study the factors affecting on exchange rate fluctuations and any of these factors is more effective than the others in currency exchange fluctuations.

taking with that the Algerian dinar as a study case in the period 1990-2017, using the auto regressive distributed lag ARDL.

The results found a long - term equilibrium relationship between study variables, this was shown by the significant relationship of INF, GDP and IMP as showed non-significant M2 and EXP.

On the other hand, there is also a short-term relationship which is confirmed by the UECM equation, where the error correction coefficient signal was negative and significant