MEASURING AND ANALYZING THE RELATIONSHIP BETWEEN FOREIGN RESERVES AND SOME ECONOMIC VARIABLES IN IRAQ FOR PERIOD 2003-2017

The foreign reserves are great importance for monetary authority in Iraq. because it s absorbed in internal and external shocks , the Regine and depended on variety capered of foreign reserve management valuation as usa Dollar and euro , Australian Dollar, pound sterling , and now there is a trying to add the attempt Chines Yuan , used the multi – regression for relationship between the foreign reserve as the dependent variable ,and independent variable as(price of oil ,budget deficit and current accounting) , by using OLS method and Eviews o.7 program . The Results shows: No.1 which clears significance (F) its equal (207.88) that its leads reject the null hypothesis , also the above table shows significant of constant and price of oil and public budget deficit , while the current account insignificant with foreign reserve (dependent variable) and hence , we make accept the null hypothesis and reject the alternative , as well as the R2 (93.4%) and adjust R2 (92.9%) which indicate about estimate model efficiency .