The Impact of oil price fluctuations in tthe algerian dinar exchange rate against dollar -econometric analytical study on during the period (2004-2018)-
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Date
2022
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Oum El Bouaghi University
Abstract
The study aims to test the effects of oil price fluctuations on algeria’s exchange rate for the period 2004-2018, using standard analysis tools through a simple linear regression model (OLS). The study concluded that the higher the price of oil in the international markets, the US dollar, but these results can be explained by the increase in the the monetary mass as a result of process of monetization (foreign currency) and increased public spending to finance large economic programs, notably the program to support economic recovery
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Keywords
Oil price, Algerian dinar exchange rate, Fluctuations, Econometric Study, Oil price