QUANTITATIVE AND QUALITATIVE ANALYSIS IN ECONOMICS
THE FUNDAMENTAL AND TECHNICAL MODELS IN DETERMINATION OF EXCHANGE RATE VALUE
Eldin Dobardžić, Jelena Petrović, Alma Dobardžić
Abstract: The exchange rate after the fall of Bretton Wood system has become a very powerful weapon in the conduct of various types of economic wars. Nowadays, great economic forces are often liable to various manipulations with exchange rates which, again, force the competition to certain concessions. One of the most important doctrines is the one in which, in a short period of time, a country gets “squeezed” by the depreciation of its currency in order to reach a certain economic agreement. In regard to this, every study of the exchange rate has a particular importance for the understanding of modern international economic relations. This paper has a review character and its aim is to present the basic ways in the formation of exchange rates with a special emphasis on the two most important methods: technical and fundamental.
Keywords: exchange rate, economic relations, technical, fundamental
Published: p. 51-60
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