ANALYSIS OF FACTORS INFLUENCING THE U.S. DOLLAR EXCHANGE RATE IN SOME COUNTRIES

Abstract

This study examines the macroeconomic factors influencing the U.S. dollar exchange rate in selected countries. The analysis is based on annual data from 1999 to 2024 and includes domestic and global macroeconomic indicators. A multiple linear regression model with lagged variables is used to capture the dynamic nature of exchange rate movements, while feature selection is performed using a combinatorial approach and multicollinearity diagnostics based on the Variance Inflation Factor (VIF). The results indicate that the model demonstrates varying predictive performance across countries, with more accurate results in some economies and less accurate results in others