قياس العلاقة بين أسعار النفط الخام و سعر صرف الدولار مقابل العملات الرئيسية باستخدام منهجية ARDL

Abstract EN

The price of crude oil is subject to many economic and geopolitical factors, including the exchange rate of the dollar against the major international currencies (the euro, the British pound, the Japanese yen and the Chinese yuan).

The research aims to reveal the nature of the relationship and causation between the exchange rate of the US dollar against the major currencies and the prices of crude oil in global markets.

The results of estimating the model according to the (ARDL) methodology showed the existence of a co-integration between the studied variables, meaning that there is a long-term relationship between the exchange rate The dollar against the currencies under study and the prices of crude oil in the global market, with a negative causal relationship in the short and long terms and in one direction, moving from the exchange rate of the dollar against the euro and the Japanese yen to the price of crude oil.