A retrospective analysis of the functioning of the global interbank market FOREX

Authors

  • E.V. Rybachenko Донецкий национальный университет

Keywords:

monetary relations, the global foreign exchange market, foreign exchange transaction, currency dealer, the investment fund, the global foreign exchange turnover

Abstract

The paper analyzes the current trends and retrospective operation of the world interbank FOREX market in the context of increasing global transformation processes. In the crisis year 2009 turnover of the global foreign exchange market declined by almost 25%, but from 2010 on it was a rapid recovery of activity. The conclusion is that the global FX market is declining share of the traditional inter-dealer trade, which showed an increasing role in the foreign exchange market, investment firms and hedge funds.

Author Biography

E.V. Rybachenko, Донецкий национальный университет

аспирант кафедры «Международная экономика»

References

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Published

2013-08-10

Issue

Section

Proceedings