أثر أدوات التحرير المالي على سعر الصرف الدينار الجزائري: دراسة قياسية لحالة الجزائر خلال الفترة 1970-2019

الملخص EN

This study aims to analyze the impact of the most important tools of financial liberalization on the exchange rate by building a econometric model covering the period 1970-2019.

where we found that the most important indicators financial liberalization quantitative, including the volume of financial intermediation, the interest rate and the volume of credit provided in the economy, and nominal represented by the KAOPEN index-in order according to the size of the effect-significantly affect the exchange rate in the long term, where the size of its effect was: 2.11, 1.27, -1.81, -2.15.

however, they do not all affect the exchange rate in the short term.