THE IMPACT OF OIL PRICE VOLATILITY ON THE CASH SUPPLY IN THE IRAQI ECONOMY FOR THE PERIOD (1990-2019)
Abstract
This research was presented to address a problem that always occurs on the Iraqi Economy, namely the fluctuations in oil prices and their impact on the supply of cash and as a result of the Iraqi Economy’s association with crude oil to meet its basic needs, any fluctuations or shocks that occur in oil prices are directly reflected in the Iraqi Economy, which demonstrates the importance of research that reviews and addresses an important topic of economic topics in the world producing and consuming oil, especially the rent countries that depend mainly on oil revenues, and addressed the first research the theoretical framework of oil prices and monetary policy and the presentation of cash, and addressed the third research analytical aspect For the Iraqi Economy, some oil indicators, economic policy analysis and the raq monetary presentation for the Period (1990-2019), the third research used standard analysis to analyze the relationship between oil price fluctuations and the manifestation of cash in Iraq using the expanded Dickie Fuller Methodology(ADF),self-correlation equation analysis, as well as analysis of the simple self-regression equation according to annual data (1990-2019) and more accurate estimation of results to achieve research objectives and see the degree of impact of oil price fluctuations The results found a price impact on the offer of cash in Iraq.