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

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.
Published
2020-09-12
Keywords: foreign currency, exchange rate, money transfers, interest rate parity
How to Cite
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, 41-48. Retrieved from https://journals.bsu.by/index.php/economy/article/view/2285