Abstract
This research analyzes the impact of money supply on the foreign exchange rate in Iraq during the period from 2004 to 2023. The exchange rate is considered one of the vital economic indicators that reflect the economic condition of the country, as it directly affects foreign trade, inflation, and investment. The study aims to highlight the importance of the relationship between money supply and the exchange rate, pointing out the influential factors that have contributed to significant fluctuations in the money supply and subsequently in the exchange rate. The research employs an analytical methodology that combines quantitative and qualitative data, analyzing economic data related to money supply and exchange rate. The findings indicate a positive relationship that flows from the money supply to the foreign exchange rate, represented by the U.S. dollar against the Iraqi dinar. In light of these findings, the researchers provide a set of recommendations, primarily aimed at guiding policymakers on how to manage the money supply to achieve exchange rate stability and enhance economic
growth.