Politics in the foreign exchange market of Ukraine

Today in Ukraine, everyone who is interested in the economic life of the state, carefully monitoring the situation on the currency market. The media serves a fairly good data on this topic. Recently there are many programs on television and a lot of pretty high-quality newspaper columns on events in the currency and banking markets of Ukraine. For 30-40s fluctuations in the world were so insignificant that they can be safely ignored. Now do this would be illogical. The rapid development of international trade and deep integration processes of the international economy pose new challenges to economists, if they are to effectively carry out their work at the state level and at an individual enterprise. Today the state of the national currency reflects the state of the entire national economy and the processes that occur in it. In place of the course may otherwise affect any changes in the economy, and vice versa, with the help of the course are governed by economic developments in the financial, commercial (including international) and other markets in the state. For example, the official devaluation of national currency (devaluation) increases the competitiveness of exports and thereby improves the balance of payments. This tool very often uses the National Bank of Ukraine to reduce the volume of exports, especially at the end of the reporting period or during the seasonal jump in production of export goods. Category: Foreign Exchange Market