The Interest And Exchange Rates And Their Impact On The Stability Of The Demand For Money In Iraq For The Period (2004-2020)

Abstract

Monetary policy is one of the main pillars of economic policies and an important role in guiding activity Economic, as the monetary authority represented by the Central Bank follows a certain strategy through the use of a different The tools available to achieve these goals, and here the research aims to know the role played by monetary policy (through its indicators) Represented by (interest rate, exchange rate) in affecting the stability of demand for money in Iraq and for the period (2004-2020), The study concluded that the demand for money responds to changes in monetary policy indicators, And the absence of a long-term equilibrium relationship (co-integration) between the variables studied according to the Bound Test methodology.