The exchange rate was correlated purchasing power between local currency and foreign currency. It just reflects the buying power of the local currency, just as the foreign exchange supply and demand relations terrace. The exchange rate is, as levers to regulate supply and demand of foreign currencies, the impact strength to export and business activities in the country. Exchange rate policy the impact a sharp way to manufacture, import and export of goods, financial status, currency, balance of international payments, to attract investment capital, the reserves of the country. Essentially rates are not the tools of monetary policy because of the exchange rate does not alter the amount of currency in circulation. However in many countries, especially countries with transition economies considered rates is an important support tool for monetary policy.
đang được dịch, vui lòng đợi..