FOREIGN EXCHANGE POSITION AND CONTROL
Keywords:
foreign exchange position, currency risk management, exchange rate volatility, foreign exchange control, banking system, commercial banks, central bank regulation, financial stability, currency operations, risk assessment, international finance, exchange market, financial supervision, liquidity management, banking regulation, digital financial technologies.Abstract
This article examines the concept of foreign exchange position and its control mechanisms in modern banking and financial systems. The study analyzes the importance of managing currency risks, maintaining balanced foreign exchange positions, and ensuring financial stability in commercial banks. It also highlights the role of central banks and regulatory authorities in monitoring currency operations and implementing effective control measures. Furthermore, the article discusses current challenges in foreign exchange management, including exchange rate volatility, globalization of financial markets, and the increasing use of digital financial technologies. The research emphasizes the significance of proper foreign exchange position control for reducing financial risks and improving the efficiency of banking operations.