Only by factors related to internal economic dynamics. Balanced philippines telegram data dynamics of internal factors allow preventing self-sustaining weakening of the national currency. How this can happen with an unbalanced macroeconomic policy, we have repeatedly observed in our history. And from the recent experience of other countries, a striking example is the constant weakening of the Turkish lira. This is an illustration of the dynamics of the exchange rate, which is associated precisely with the constant outstripping growth of domestic demand.
But the same combination of internal factors
can be accompanied by different external circumstances. First of all, we are talking about our export opportunities. If our export opportunities expand either due to growth in physical volumes or as a result of a more favorable price situation, the rate will be stronger. If they worsen, the rate will be weaker. During periods of sharp changes in external conditions, a floating rate is especially important. Due to the fact that the rate flexibly adjusts to these changes, fluctuations coding and software development in external conditions have less impact on internal economic dynamics.
— A decree on the mandatory sale
of foreign currency earnings by individual companies has ao lists been signed. Does the Central Bank still adhere to the position that currency control measures are ineffective and will hinder the development of foreign economic activity?
