From an economic point of view, the money, like any commodity, have their own value, that is the course.The course of any currency is determined by the ratio of two key elements: supply and demand, which in turn are influenced by a variety of factors.These factors can be both economic and political.For example, the causes of currency fluctuations may be the rate of inflation, the structure of the balance of payments, the level of confidence in the currency, currency speculation, monetary policy pursued by the countries, as well as the widespread use of the currency in international payments.
variety of factors affecting the exchange rate, sometimes resulting in a mismatch exchange rate and its real value.During the financial crisis it is important to be aware of all sorts of changes in the field of finance.For this purpose, you can take advantage of a variety of sites with relevant information.One of the leaders today is a financial portal Minfin.com.ua, which provides current information on the state of financial markets in real time.
If we consider just the US dollar, its rate depends primarily on the gold reserves in the United States.The larger these reserves, the more stable the dollar behaves.Also, the course has an impact and how debtors to repay loans taken from banks USA.For example, the crisis of 2008 was caused by such debts.
In general, the behavior of the dollar is so unpredictable that no one person would not be able to predict it at 100%.The reasons for the sharp fluctuations of the exchange rate in a given country can be divided into two integrated groups: internal and external factors.
The external factors may include changes in the world price of oil.Thus, the rise in oil prices leads to a reduction in the dollar, and vice versa.Another key factor is the dollar relative to other currencies.For example, if the dollar falls against the euro, it is reduced with respect to the Russian ruble.
The internal factors are those circumstances which affect the dollar exchange rate in the country.One of them is the foreign exchange demand.The sharp increase in its exchange rate causes a corresponding increase.A limitation of such processes are usually the foreign exchange intervention.Another internal factor is considered stable economic and political situation in the state.In times of crisis people's trust in the national currency is reduced, and people are beginning to buy dollars, which leads to an increase in its value.
Despite the fact that the dollar is now considered the most common international currency, trusted in many countries, experts, based on data from the past 10 years, say that today it is in a very weak position.In this connection, currency fluctuations it is simply impossible to predict with any accuracy.
