The essence and classification of the exchange rate regimes
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Date
2023
Authors
Slaviuk, Nataliia
Journal Title
Journal ISSN
Volume Title
Publisher
Kyiv-Mohyla Academy Publishing House
Abstract
The exchange rate plays a crucial role in the system of national settlements. In Ukraine, the exchange rate is formed on the interbank market. The Central bank can influence the demand and supply of foreign currency through interventions. According to the definition from the Corporate Finance Institute, an exchange rate is a amount at which one currency can be exchanged for another between countries or economic zones. This rate is important to define trade and capital dynamics of the flow and the values of currencies to each other. This rate influences trade conditions and movement of the capital between the countries-trading partners.
Description
Keywords
exchange rate, foreign currency, exchange rate regimes, capital, monograph section
Citation
Slaviuk N. The essence and classification of the exchange rate regimes / [Slaviuk Nataliia] // Financial Policy of Ukraine for the Maintenance of Macroeconomic Stability : the collective monograph / [Lukianenko I., Galytska E., Primierova O. et al. ; general editor Lukianenko I.] ; National University of Kyiv-Mohyla Academy. - Kyiv : Kyiv-Mohyla Academy Publishing House, 2023. - Chapter 3.1. - P. 99-107.