Fluctuations in exchange rates and their impact on the financial market: Analytical study of some indicators of the Iraqi stock market for the period (2004-2020)

Abstract

The research aimed to study and analyze the fluctuations in the exchange rates of the Iraqi dinar and their impact on some indicators of the Iraqi stock exchange, and the research covered the annual data for the period (2004-2020). The results of the research showed the existence of a relationship between the exchange rates of the Iraqi dinar and the indicators of the Iraqi stock market. Which is a variable dependent on the exchange rate of the Iraqi dinar because the Iraqi economy is a rentier economy that derives the strength of exchange rates from crude oil exports and that the stock market in Iraq like other financial markets in developing countries, it is affected and does not affect the economy.