Results (
English) 1:
[Copy]Copied!
State foreign exchange reserves signify is the liabilities in respect of the economy and is a common asset on the balance sheet assets of SBV. in which the SBV was delivered using foreign exchange reserve fund to conduct trading on the Forex market in order to implement the monetary policy of the country.Foreign exchange reserves are used to finance the balance of payments imbalances, or indirectly through the impact of intervention on the foreign exchange market to keep the role to prevent these fluctuations in export revenues, the import payments, as well as revolving capital inflows are too large for a country.There are foreign exchange reserves is a basis for the issuance of guarantees for the correlation between the money-order in the country. The State can actively use foreign exchange as a force to intervene in currency markets, according to the goals, according to the plan.For those countries where the currency is not freely convertible, the foreign exchange reserve is forces to intervene in currency markets, according to the goals, according to the plan.For those countries where the currency is not freely convertible, the foreign exchange reserve is forces to intervene in order to maintain market stability in the exchange rate of the contract of sale.Foreign exchange reserves have special roles are crucial to the economy should be the State conducts management and SME is the State assigned to perform this task. that embodied in SME Ordinance 1990 (article 30), law on SBV in 1997 (article 38).As the only agency with the mission to release the money, build and execute monetary policy, establishment and monitoring of the international balance of payments, SME, undertook the management of Forex reserves, namely the application of the policy, measures the impact on the process of income, foreign exchange and export (especially foreign currencies) and the use of foreign exchange by certain goals.
Being translated, please wait..
