Measuring and analyzing the relationship between foreign reserves and some economic variables in Iraq for period 2003-2017

Abstract EN

The foreign reserves are great importance for monetary authority in Iraq.

because it's orbed in internal and external shocks, the Regine and depended on variety capered of foreign reserve management valuation as usa Dollar and euro, Australian Dollar, pound sterling, and now there is a trying to add the attempt Chines Yuan, used the multi – regression for relationship between the foreign reserve as the dependent variable, and independent variable as(price of oil, budget deficit and current accounting), by using OLS method and Eviews o.7 program.

The Results shows: No.1 which clears significance (F) its equal (207.88) that its leads reject the null hypothesis, also the above table shows significant of constant and price of oil and public budget deficit, while the current account insignificant with foreign reserve (dependent variable) and hence, we make accept the null hypothesis and reject the alternative, as well as the R2 (93.4% ) and adjust R2 (92.9% ) which indicate about estimate model efficiency.

The foreign reserves are great importance for monetary authority in Iraq.

because it's orbed in internal and external shocks, the Regine and depended on variety capered of foreign reserve management valuation as usa Dollar and euro, Australian Dollar, pound sterling, and now there is a trying to add the attempt Chines Yuan, used the multi – regression for relationship between the foreign reserve as the dependent variable, and independent variable as(price of oil, budget deficit and current accounting), by using OLS method and Eviews o.7 program.

The Results shows: No.1 which clears significance (F) its equal (207.88) that its leads reject the null hypothesis, also the above table shows significant of constant and price of oil and public budget deficit, while the current account insignificant with foreign reserve (dependent variable) and hence, we make accept the null hypothesis and reject the alternative, as well as the R2 (93.4% ) and adjust R2 (92.9% ) which indicate about estimate model efficiency.