Режими на девизен курс
AbstractThe paper examines the exchange rate and the regime of exchange rate. The exchange rate is very important for national economy. It is the value of a foreign nation’s currency in terms of the home nation’s currency. The structure of the paper will be as follows: The first part describes exchange rate and the influence of exchange rate for the national economy; The second part of the paper is about regime of exchange rate and analyses the fixed and flexible exchange rate. The fixed exchange rate is a type of exchange rate regime wherein a currency’s value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. Floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. A currency that uses a floating exchange rate is known as a floating currency; The third part of the paper analyses the exchange rate in Republic of Macedonia.
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