The Impact of the Exchange, Interest, and Inflation Rates on Economic Growth- The Case of Arab Republic of Egypt

Abstract

This paper aims to explore the impact of the exchange, interest, & inflation rates on economic growth in the Arab Republic of Egypt during the period (2013-2016). In order to meet the study’s goals, a descriptive analytical approach was adopted. The paper uses multiple regression analysis to model the relationship between the dependent variable and the independent variables. The paper found that the exchange rate has a statistically significant impact on economic growth in Egypt. In addition, it was found that the interest and inflation rates don’t have any statistically significant impact on economic growth in Egypt. It was also found that the (exchange, interest, and inflation rates) jointly do not have any statistically significant impact on economic growth in Egypt.

Keywords: Exchange Rate, Interest Rate, Inflation Rate, Economic Growth, Egypt.

DOI: 10.7176/JESD/10-12-06

Publication date:June 30^th 2019