In many countries, and very often, situations arise when the authorities are unable to resolve the balance of payments: the upcoming payments for the supply of goods and services, as well as for past debts, are large, than current capital inflows and available reserve assets. The country is simply not able to pay for its […]
Tag: amount
Reserve assets
Reserve assets, unlike other items in the financial account, are under the direct control of the state and can be used by it to achieve the goals of economic policy. Reserve assets (reserve assets) – international highly liquid assets of the country, which are under the control of its monetary authorities or government and at […]
Approaches to pricing in the global market
The world market is characterized by a multiplicity of prices. As a rule, the price of the world market is taken as the price of large systematic and sustainable export and import transactions concluded in the main centers of international trade by exporters or importers of the goods concerned on the terms of payment in […]
Currency account: concept, mode
Currency funds of enterprises and entrepreneurs are stored in a foreign exchange account with authorized banks of the Republic of Belarus. At the same time, enterprises, entrepreneurs, as well as individuals independently choose a bank for currency settlement and cash services. A foreign exchange account is a bank account in foreign currency, opened in accordance […]