DETERMINING THE EXCHANGE RATE REGIME OF KAZAKHSTAN

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

International Congress on Economics, Finance & Energy (EFE)
EFE2022 Book of Proceedings
DETERMINING THE EXCHANGE RATE REGIME OF KAZAKHSTAN

DETERMINING THE EXCHANGE RATE REGIME OF KAZAKHSTAN

Authors : Nurlan SAILAUBEKOV, Shynara SARKAMBAYEVA

Pages : 358-366

View : 101 | Download : 29

Publication Date : 2022-12-01

Abstract :Existing studies confirm that the economic development of a country is directly dependent on the exchange rate regime applied by that country. The variety of exchange rate regimes used in practice is so great that the IMF faces serious difficulties in trying to classify them, and periodically reviews its approaches to resolving this issue. The problem is further complicated by the fact that the exchange rate regime actually used by a certain country often differs from the officially declared one. In this regard, this study is aimed at determining the regime of the national currency’s exchange rate of Kazakhstan. Statistical data for calculations were taken for the period since 1996 to 2022.
Keywords : monetary policy, currency rate, instruments, foreign exchange reserve, managed floating, fixed exchange rate, floating exchange rate

ORIGINAL PAPER URL

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.