محددات سعر صرف الدينار الجزائري و دوره في تحقيق الاستقرار الاقتصادي

Abstract EN

The purpose of this study is to measure the exchange rate, and estimate the relation between the Algerian Dinar exchange rate and a number of macroeconomic variables during the period 1993-2041.To achieve its goals, the study employed economic criteria and the econometric method.

The most important result indicated that the exchange rate affected by a set of economic variables, and 1% increase of GDP leads to decline exchange rate by 0.695% , 1% increase of money supply leads exchange rate to rise by 0.289% , 1% increase in trade opening leads to increase exchange rate by 0.301% , and 1% increase of trade exchange cause 0.256% increase of exchange rate.

Finally the study recommends to diversifying the exports, and applying effective monetary and fiscal policies that will control the mass monetary expansion and reduce the parallel market.