Analysis currency supply and demand from the population of the Republic of Belarus

Authors

Keywords:

foreign currency, exchange rate, money transfers, interest rate parity

Abstract

The research presents an analysis of supply and demand of currencies from the population in Belarus. In particular, the supply is mainly formed due to the inflow of remittances. The latter depend on the economic situation in Russia. Demand for foreign currency depends on wages in dollar terms and interest rate parity.

Author Biography

  • Yan S. Rudakovski, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

    postgraduate student at the department of analytical economics and econometrics, faculty of economics

References

  1. Miksyuk A. On mechanisms for adjusting the belarusian foreign exchange market. Bankawski vesnik. 2011;22:18–22. Russian.
  2. Demidenko M, Tsukarev Т. Econometric modeling of Belarusian ruble exchange rate. Bankawski vesnik. 2007;28:11–19. Russian.
  3. Zaretsky A, Kruk D, Kirchner R. Otsenka ravnovesnogo obmennogo kursa v Belarusi [Estimation of the equilibrium exchange rate in Belarus]. Minsk: IPM Research Center; 2011. 15 p. Co-published by the German Economic Team. Russian.
  4. Mironchik N, Bantsevich Р. Behavioral and fundamental equilibrium exchange rate models: reestimation results. Bankawski vesnik. 2019;2:3–14. Russian.

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Published

2020-09-12

Issue

No. 1 (2020): Journal of the Belarusian State University. Economics

Section

F. International Economics

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How to Cite

[1]
Rudakovski, Y.S. 2020. Analysis currency supply and demand from the population of the Republic of Belarus. Journal of the Belarusian State University. Economics. 1 (Sep. 2020), 41–48.