تأثير كل من معدل التضخم الكتلة النقدية الناتج المحلي الخام في سعر صرف الدينار : دراسة قياسية (2017-1991)‎

Abstract EN

The purpose of this research is to determine the nature of the relationship between the inflation rate, the broad money, gross domestic product and the dinars' exchange rate against the dollar during the period 1991-2017.

Where the time series of the exchange rate, the broad money and the gross domestic product are stationary at the first difference, the time series of the inflation rate is stationary at the level.

The general model is significant because the Fisher's value calculated (74.

35300) is greater than its tabular value (3.

35).

The coefficients of the model are significant given that the value of (t) calculated for each is greater than the tabular value of (t) and equal to 1, 703.

As for the relationship between the dependent variable and the independent variables, we found that there is a positive relationship between the exchange rate and the broad money and the negative relation with both the inflation rate and the gross domestic product.

As for the coefficient of determination (R2=0.

906526), 90% of the changes in the exchange rate are attributable to the independent variables.