قياس أثر سعر صرف الدينار-الدولار على احتياطات الصرف الأجنبي باستخدام نموذج ARDL : حالة الجزائر 1964-2019

الملخص EN

This study aimed to measure the effect of the dinar-dollar exchange rate on foreign exchange reserves based on annual data 1964 - 2019 using the ARDL model.

The study concluded that changes in the dinar-dollar exchange rate have a strong positive impact on foreign exchange reserves in the short and long term because it is used as a tool to bridge the budget deficit, so the increase of the dinar - dollar exchange rate by 1% increases foreign exchange reserves by 1.

11%