أثرعرض النقود و التضخم على سعر الصرف في السودان خلال (1999-2019م)‎

الملخص EN

The study aimed to identify the relationship between money supply ،inflation and the exchange rate.

Measuring and analyzing the effect of money supply and inflation on the exchange rate, and coming up with results and recommendations that help find solution to address the problem of the inflation and exchange rate in Sudan.

The problem of the study was represented in determining the effect that the increase in money supply and inflation had on the exchange rate in Sudan during the period 1999-2019.

The study used the analytical descriptive approach to review the theoretical framework of money supply ،inflation and the exchange rate،and the analytical quantitative approach to analyze quantitative data using analysis programs based on econometrics (ARDL software) to know the effect of money supply and inflation on the exchange rate in Sudan during the period 1999-2019.

The results of the study have shown that the study results proved that an increase in the money supply leads to a devaluation of the national currency ،whether in a long or short wage،which is the reason for the deterioration of the value of the national currency.

The money supply in its broad sense affect the exchange rate in Sudan in the short and long terms.

The study is work on reducing the size of the monetary mass outside the banking system and to take harsh measures to stop speculation in currency trade ،which will help raise the value of the national currency and work to increase the foreign exchange reserves at the central bank to achieve stability of the national currency exchange rate.