The Impact of Oil Price Fluctuations on Monetary Stability in Iraq for the Period (1990-2020)

Oil prices and revenues are important in economic activity because the rentier Iraqi economy relies on oil to finance public expenditures achieve monetary stability. this study investigates impact of price changes stability from 1990 2020. using co integration methodology )FMOLS, DOLS( model, This is achieved measure changing exchange rate, interest inflation rate. The concluded that had a negative rate dinar contributed an increase rates, but positive rates; is, did not contribute achieving stability.As result, diversification search for new financial resources outside sector critical Iraq eco nomic