The foreign exchange rate is gradually stabilized

News archive
14.11.2014

The foreign exchange rate is gradually stabilized

    At the moment the excessive rate fluctuation of a foreign currency is observed in the most financial markets of the world. The exchange rates by the nature are very sensitive and are not only under influence macroeconomic factors, but also many other factors which influence of currency supply and demand in the markets.              
    Changes which occur in region also have direct impact on demand for a foreign exchange in the domestic market.
    In particular, decrease in the Russian ruble rate has direct impact on ordinance of the balance of payments, especially on financing of negative deficiency of trading operations.
    For the purpose of prevention of negative influence of the given tendency on the domestic consumer market, the National Bank of Tajikistan carries out currency interventions for anticipating of sharp fluctuation on currency supply and demand.
    It is expected that as a result of decrease in rate changes in the world financial markets which has short-term both a temporality and acceptances of necessary measures by the National Bank of Tajikistan, the situation with foreign exchange rate in the domestic market is gradually stabilized.

Press-service
NBT

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