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Document Details
Document Type
:
Article In Journal
Document Title
:
The Effect of Oil Price Changes on The Dollar Exchange Rate: Analytical Economic Study ( 1975- 1985)
أثر تغيرات أسعار النفط في سعر صرف الدولار : دراسة اقتصادية تحليلية 1975_1985
Subject
:
Economics
Document Language
:
Arabic
Abstract
:
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.
ISSN
:
1319-0997
Journal Name
:
Economics and Administration Journal
Volume
:
4
Issue Number
:
1
Publishing Year
:
1411 AH
1991 AD
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
محمد نجيب غزالي خياط
MOHAMMAD N. GHAZALI AKHAYAT
Researcher
محمد سالم سرور صبان
MOHAMMAD S. A. AL-SABBAN
Researcher
Files
File Name
Type
Description
21656.pdf
pdf
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