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seminarska rabota od predmetot

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:978 996

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, 2011
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The foreign exchange market in the Republic of Macedonia as a source of

financing current assets
Summary

This artcle elaborates about The foreign exchange market in the Republic of
Macedonia as a source of financing current assets. The foreign exchange market (forex, FX, or
currency market) is a global, worldwide decentralized over-the-counter financial market for
trading currencies. Financial centers around the world function as anchors of trading between a
wide range of different types of buyers and sellers around the clock, with the exception of
weekends. The foreign exchange market determines the relative values of different currencies.
The foreign exchange market in the Republic of Macedonia has been operating successfully
more than a decade, showing some weaknesses in its operations not typical for markets in
advanced economies such as:
-

low level of concluded transactions of purchase and sale of foreign exchange among

banks
23

high bid-ask spread of the banks

excessive presence of the central bank on the foreign exchange market

Koristena literatura:
- .. (2006) . 5768;
-

.. , (2003) .275-299;
- . 34/2001;

24

-, .. , .. , (2002)
.97-112;
-

., (. ) .
( . ) , ..(2009)
.100-110 ;
-www.nbrm.gov.mk

25