DO OIL PRICES DEPEND ON THE VALUE OF US DOLLAR ?

• Authors: Obadi Saleh Mothana
• Languages of publication: EN

Abstracts

EN

This paper deals with oil prices and with their relation on the value of US dollar, and draws some conclusions about their correlation. The author used the annual figures for the main world currencies and oil prices, obtained from many different sources. International commodity prices are mostly expressed in dollars, especially oil prices, or in the terms of the indices based on dollar prices. The oil prices are obviously affected by the inflation and also by the value of the US dollar exchange rate. There is a definite link between the monetary policy, the exchange rates and the other factors and the oil prices, which is analyzed in this paper.

Keywords

EN

EXCHANGE RATES; MONETARY POLICY; OIL PRICES; US DOLLAR

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2006
• Volume: 54
• Issue: 3
• Pages: 253-265
• Document type: ARTICLE

Contributors

author

Obadi Saleh Mothana

• Obadi Saleh Mothana, Ekonomický ústav SAV, Sancová 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

06SKAAAA01543393