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FORECAST OF DEVELOPMENT OF THE CURRENCY MARKET OF THE REPUBLIC OF BELARUS

Journal: University Economic Bulletin (Vol.1, No. 36)

Publication Date:

Authors : ; ;

Page : 313-318

Keywords : currency; foreign exchange market; exchange rate; correlation analysis; factor; dynamics; basket of currencies; forecast;

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Abstract

In the article the author analyzes the dynamics of the currency market of the Republic of Belarus, for which he conducts a correlation analysis of the factors affecting it. The main elements of the currency market and the categories that determine it are considered. In the process of analysis, the author determines the factors that affect the dynamics of the foreign exchange market. Objective: to identify the most significant factors affecting the dynamics of the currency market of the Republic of Belarus, to draw up a forecast of the exchange rate based on the identified relationships. Methodology: the research toolkit is based on the system-target approach using general scientific and formalized methods. Results of work: theoretical bases of the currency market are considered, the forecast of the exchange rate of the Republic of Belarus for 2018 is drawn up.

Last modified: 2019-03-29 22:12:13