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![]() EVSIUKOVA, Raisa, TIPA, Pavel. Bank’s foreign exchange risk management in the Republic of Moldova. In: Asigurarea viabilității economico-manageriale pentru dezvoltarea durabilă a economiei regionale în condițiile integrării în UE, 16-17 septembrie 2016, Bălți. Bălți: Editura acreditata CNCSIS, 2017, pp. 393-395. ISBN 97 8-606-13-3 6-11 -5. |
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Asigurarea viabilității economico-manageriale pentru dezvoltarea durabilă a economiei regionale în condițiile integrării în UE 2017 | ||||||
Conferința "Asigurarea viabilitifii economico-mana geriale pentru dezvoltarea durabill a economiei regionale in conditiile integrlrii in UE" Bălți, Moldova, 16-17 septembrie 2016 | ||||||
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Pag. 393-395 | ||||||
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This paper highlights the currency risk management dif iculties faced by the banks of the Republic of Moldova in their foreign currency operations. The downturn of the financial condition of the banking sector, was influenced by forced liquidation of three banks and three other large banks under National Bank of Moldova’s supervision. These conditions resulted in an unstable national currency, subsequently in high currency rates volatility and other negative phenomena at all economic levels. As a result of the analysis of risks associated with banks’ foreign exchange transactions, the author revealed the main factors causing their occurrence, as well as the main directions which have to be taken in consideration by the banks in their foreign currency operations management. |
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Cuvinte-cheie currency risk management, currency operations, the financial condition, currency rates volatility |
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