THE ADEQUACY OF FOREIGN EXCHANGE RESERVES IN IRAQ TO ABSORB EXTERNAL SHOCKS ACCORDING TO THE ARA METHODOLOGY

Authors

  • Falah Hassan Thuwaini
  • Mohammed Hashim Hilo

DOI:

https://doi.org/10.18623/rvd.v23.6380

Keywords:

Foreign Exchange Reserves, Central Banks, Exchange Rate Stability, External Liquidity, Macroeconomic Management

Abstract

Central banks hold foreign reserves to safeguard the external value of the domestic currency, provide the liquidity required to meet external obligations, and support confidence in a country’s economic policies. This section aims to deconstruct the nature of these reserves and to review their importance and principal economic functions that render them an essential instrument of macroeconomic management

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Published

2026-05-06

How to Cite

Thuwaini, F. H., & Hilo, M. H. (2026). THE ADEQUACY OF FOREIGN EXCHANGE RESERVES IN IRAQ TO ABSORB EXTERNAL SHOCKS ACCORDING TO THE ARA METHODOLOGY. Veredas Do Direito, 23(7), e236380. https://doi.org/10.18623/rvd.v23.6380

Issue

Vol. 23 No. 7 (2026): Veredas do Direito, v. 23, n. 7 2026

Section

Articles

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