%0 Journal Article %T The impact of oil price on the exchange rates: A panel analysis for Selected Oil Exporter Countries %A Sabit BA£¿MAGANBETOV %J - %D 2019 %X Changes in oil prices can affect macroeconomic variables of both oil exporters and oil importing countries. While the rise in oil prices is Good news for Oil-exporting countries, it is bad news for oil-importing countries. The study selected 10 countries from oil-exporting developing countries. The impact of Brent crude oil prices on the exchange rate using the monthly data of these countries 2003-2017 is investigated using the panel Co-Integration test of the Westerlund (2007). Empirical findings that improvements in oil prices affect the real exchange rate of oil-exporting developing countries %K Petrol Fiyatlar£¿ %K Yatay Kesit Ba£¿£¿ml£¿l£¿£¿£¿ %K Panel E£¿b¨¹t¨¹nle£¿me %K Panel Nedensellik %U http://dergipark.org.tr/beta/issue/46536/420438