Автор работы: Пользователь скрыл имя, 04 Мая 2014 в 10:05, реферат
I’d like to add that the foreign exchange market is the largest market in the world in terms of the volume of transactions. That the volume of foreign exchange trading is many times larger than the volume of international trade and investment reflects that a distinction should be made between transactions that involve only banks and those that involve banks, individuals, and firms involved in international trade and investment.
I. Introduction 2
II. The structure of the foreign exchange market 3
1. What is the foreign exchange? 3
2. The participants of the foreign exchange markets 4
3. Instruments of the foreign exchange markets 5
III. Foreign exchange rates 6
1. Determining foreign exchange rates 6
2. Supply and Demand for foreign exchange 7
3. Factors affecting foreign exchange rates 11
IV. Conclusion 13
V. Recommendations 14
VI. Literature used 16
Recommendations
The problem of “laundering” money is essential with regard to the exchange market. I’d like to add that the Russian exchange market comes first in this respect.
The origin of this problem directly is connected with activity of the organized crime: funds obtained in a criminal way are presented as legal capital to introduce them in economic and financial structures of the state. Therefore struggle against “laundering” money is recognized in all countries as one from major means of a counteraction of the organized crime. The sources of “dirty” money are as follows: international drugs traffic; mafia’s activity; illegal trade of weapon.
The use of exchange markets for “laundering” money is not a contingency. This process is promoted by absence of restrictions concerning foreign exchange.
Unfortunately today participation of Russia in international
struggle against outline problem is limited by signing of the Viennese
convention on struggle against an international drugs trafficking and
entering Interpol.
The work on struggle against “laundering” money in Russia should start from the
very beginning. The process of developing legislation and mechanisms
of its application is supposed to give instructions aimed at lawful
struggle against “laundering” money, developing bilateral cooperation
with countries of European Union, USA and Japan.
Literature used
1. “Money, banking and the economy” T. Mayer, J.S. Duesenberry, R.Z.
Aliber
W.W. Norton & company New York, London 1981
2. “Principles of international finance” Daniel R. Kane
Croom Helm 1988
3. “Money and banking” David R. Kamerschen
College Division South-western Publishing Co. 1992
4. “Money and capital markets: the financial system in a increasingly
global economy” fifth edition Peter S. Rose
IRWIN 1994
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