The impact of some macroeconomic variables on international reserves, with special reference to Iraq

Abstract

The occurrence of economic crises in developing countries has given great attention to international monetary reserves, to represent a factor of safety and support for the economy in times of recession and depression, and works to support economic stability and provide reserves for economic plans, in addition to the fact that the volume of reserves serves as a safety valve for the rentier state that suffers from problems and structural imbalances Through the study, it was found that the volume of reserves is positively affected by the price of crude oil, as the volume of reserves increases as a result of the rise in crude oil prices, and is negatively affected by the foreign currency sale window.