Open AccessCURRENCY MARKET OF KAZAKHSTAN BEFORE AND IN TIME OF PANDEMIA: COMPARATIVE ANALYSIS
Author(s) -
R.E. Yelemesov,
A.A. Raimbekova
Publication year - 2021
Publication title -
statistika, učet i audit
Language(s) - English
Resource type - Journals
ISSN - 1563-2415
DOI - 10.51579/1563-2415.2021-2.10
Subject(s) - foreign exchange market , currency , foreign exchange , business , sterilization (economics) , foreign exchange risk , earnings , foreign capital , international economics , financial system , capital market , economics , monetary economics , foreign direct investment , finance , macroeconomics
Settlements in national and foreign currency are made between residents of the republics participating in various international trade relations and capital flows. With the help of foreign assets, various financial transactions are carried out, gold and foreign exchange reserves of the country are formed, some economic norms and indicators are calculated (target earnings of the bank, private capital, etc.). In connection with this, it is necessary to create a developed foreign exchange market, which will allow to increase the volume of foreign exchange transactions. The article provides a comparative analysis of the dynamics of the development of the foreign exchange market in Kazakhstan and the changes caused by the impact of the global pandemic on it.