The impact of exchange rates on economic growth in Iraq for the period 1995-2015

Abstract

The currency is the main engine of the process of trade at the internal and external levels, and the exchange rate is one of the fundamentals of the foreign trade to settle international payments, as the import process to the currency of the country of origin to pay the value of imported goods on the one hand, on the other hand, we find that individuals in the case their travel to another country they need the currency of the country they travel to, and in this case they find themselves in the process of exchange, so that shifting in the exchange rate affect the process of trade and thus on economic growth. Based on the above, the title of the topic, which aims to identify the theoretical framework of exchange rates and economic growth models as well as measuring the impact of exchange rate fluctuations on economic growth in Iraq, has been chosen by formulating a standard model for the period 1995-2015