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GENERAL ASPECTS RELATED TO THE SALE AND PURCHASE OF FOREIGN CURRENCY IN THE FOREX MARKET IN MOLDOVA

Journal: Scientific Papers Series ?Management, Economic Engineering and Rural Development” (Vol.15, No. 1)

Publication Date:

Authors : ;

Page : 459-466

Keywords : currency; currency operations; exchange rate; speculations; transactions;

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Abstract

The buying-selling currency activity is a specific kind of trade within which currency is considered to be a good. The result of this trade is a price (currency rate of exchange) that depends on the demand-supply conditions existing on the market; this price may be limited from legal point of view. The purpose of this article is to define various transactions on the currency market including that of the Republic of Moldova and to single out currency transactions within foreign currency accounts of the residents and non-residents.

Last modified: 2015-05-27 18:46:01