أثر تغيرات أسعار النفط في سعر صرف الدولار : دراسة اقتصادية تحليلية (1975-1985)‎

Abstract EN

In this paper our main concern is to study the effect of the oil prices' changes on the dollar exchange rate.

A traditional monetarist model for the exchange rate of the dollar per the Deutch Mark has been used.

The results showed a significant correlation between prices of oil and dollar.

This fact has its impact on the oil market; primarily on the pricing and revenue issues of the oil.

The study concludes these with two alternative's: one is to continue using the dollar as the exchange currency for oil.

Hence, oil producers have to follow a pricing policy that is more accurate and at the same time diversify their revenue holdings.

The second alternative is to use basket of currencies such as SDR's, hence they will not worry about the changes in the exchange rate.