Acceso usuarios
The aim of conducting this study is to demonstrate the importance of the role of foreign reserves in supporting the value of the national currency (the Iraqi dinar) and its promotion of the exchange rate of the Iraqi dinar, and its role in reducing the devaluation of the currency in light of crises (financial, political, health) in the presence of sound management of foreign reserves under international standards that avoid potential risks by the Central Bank of Iraq. s 12) To analyze and test hypotheses for the fiscal period (2004-2021), the researcher recommended a set of recommendations, the most important of which is diversifying foreign reserves in a way that guarantees investment in them and not leaving them in a way that costs keeping them for their safety in the face of possible shocks, diversifying sources of obtaining foreign currency and not being limited only to what Iraq gets from oil, raising the efficiency of the industrial, agricultural and service sectors, and achieving sufficiency in Iraq to work side by side with the oil sector to supplement the balance of foreign reserves, encouraging export of products Agricultural and industrial abroad with the aim of obtaining foreign currencies to increase foreign reserves, reduce the value of unnecessary imports as they deplete the value of hard currency and lose it abroad, and work to direct foreign reserves and invest them in important and useful sectors such as education, industry, agriculture and health, which are among the dilapidated infrastructures, and develop new mechanisms to work within the currency sale window to limit the flight of hard currencies abroad.
