Пятница, 28 марта, 2025

Currency relations

Purchasing power parity theory

The basis of this theory is the nominalistic and quantitative theory of money. The founders of this idea were the English economists D.Yum and...

Managed currency theory

This theory arose under the influence of the global economic crisis of 1929-1933, when the failure of the ideas of a neoclassical school, which...

Key currency theory

The historical basis for the emergence of this theory was a change in the balance of power in the...

The theory of fixed parities and rates

The founders of this theory were J. Robinson, J. Bikerdaik, A. Brown, F. Graham. They proposed a exchange rate...

The theory of floating exchange rates

Representatives of this theory are mainly economists of the neoclassical (monetarist) direction, who preferred freely fluctuating exchange rates. Among...

Normative theory of the exchange rate

This theory considers the exchange rate as an additional tool for regulating the economy, offering a flexible exchange rate...

The concept of the foreign exchange market (FOREX)

The international exchange of goods, services and capital requires the implementation of appropriate settlements, the implementation of which requires...

Types of currency markets (FOREX)

Depending on the volume, nature of foreign exchange transactions and the set of currencies used, these markets are divided...

Structure of foreign exchange market participants (FOREX)

Four main categories of entities operate in the foreign exchange market: banks and non-bank dealers trading in foreign currency;...

Objects of the foreign exchange market (FOREX)

Currency market objects are currency transactions and foreign exchange values.Currency transactions are a type of activity of the state,...

Currency position of banks

Banks perform operations on the purchase and sale of foreign currency both on behalf of customers and at their...

Trends in the development of the world monetary system

A characteristic feature of our time is the development of regional economic and monetary integration, primarily in Western Europe....

The essence of the monetary system

International currency relations are a combination of public relations that take shape during the functioning of the currency in...

Types and structure of the currency system

The currency system is a combination of two elements – the currency mechanism and foreign exchange relations.The currency system...

Stages of development of the world monetary system

Until 1914, the international movement of both long-term and short-term capital could be carried out almost without government control,...

Characteristics of the main elements of the monetary system

Currency contentThe basis of the national currency system is the national currency – the monetary unit of the state...

Currency restrictions as an element of the currency system

Currency restrictions are legislative or administrative prohibition, limitation and regulation of operations of residents and non-residents with currency and...

The concept, goals, forms and methods of monetary policy

There is market and government regulation of the exchange rate. Market regulation based on competition and the laws of...

The concept of the exchange rate

The development of the MEO requires a value ratio of currencies of different countries. Therefore, the study of the...

The influence of the exchange rate on international economic relations

Acting as a tool for linking the value indicators of the national and world markets, the exchange rate plays...

Types of exchange rate

The exchange rate can be classified on various grounds, according to which it has multiple differentiation: According to the...

Nominal and real exchange rate

The foreign exchange market is a special market in which foreign exchange transactions are carried out, i.e. exchange of...

Factors affecting the exchange rate

Based on the theory of PPPs, it is possible to predict changes in the nominal exchange rate in the...

Structural factors

Inflation rate. The higher the inflation rate in the country, the lower the exchange rate of its currency, if...

market factors

In the case of a fixed exchange rate, the activities of speculators in the foreign exchange market depend on...

Exchange rate theories

Exchange rate theories have a number of features that are characteristic of each of them: denial of the theory...