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:: year 7, Issue 22 (Winter 2015) ::
JMBR 2015, 7(22): 569-590 Back to browse issues page
The Effect of Exchange Reserves Shocks on Exchange Rate and Inflation in Iran
Chiman Badri *1, SayyedKomail Tayebi, Mehdi Yazdani, MohammadSadegh Rasoulyar
Abstract:   (2563 Views)

In this study the effect of exchange reserves on the macroeconomic variables is probed and so as to achieve the goals here, we have used the data gathered during 1981-2013 and all the required information for this research has been received from Central bank Of Islamic Republic of Iran and World Bank. Results show that shocks of exchange reserves have had a positive and meaningful effect on exchange rate and inflation. They also show that the government has increased monetary base and inflation by injecting the liquidity from oil revenues.

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Type of Study: Case Study | Subject: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook (E6)
Received: 2015/02/3 | Accepted: 2016/02/15 | Published: 2016/07/20
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year 7, Issue 22 (Winter 2015) Back to browse issues page
فصلنامه پژوهش‌های پولی-بانکی Journal of Monetary & Banking Research
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