სავალუტო ბაზარი და გაცვლით კურსზე მოქმედი ფაქტორები

The importance of studying the factors which affect the foreign exchange market and the exchange rate flows out from the topicality of the topic. The main aim of this research is to find out an effective forecasting method in the case of Georgian Lari and other currencies. The results of the research can be used by private and public economic entities to predict the exchange rate, to maximize its accuracy. Increasing the accuracy will facilitate the process of hedging the expected currency risks, which in turn, will promote the development of business. The results of the study may also be used to gain profits in and out of the foreign exchange market during foreign exchange trading and international payment settlement.
The paper has been reviewed the types of currency systems operating in the world economy, their advantages and disadvantages. Theoretical basis of the research is: Theoretical and applied studies of the Scientists-economists of local and foreign countries, their theories in economic sciences.
In the paper there is a list of the key theoretical factors that generally influence the exchange rate and they are also characterized. There is also a description of the modern international currency market, its development history and the structure of its functioning. The main methods and strategies used in forecasting the exchange rate in the foreign exchange market are also discussed. The Georgian currency system and the lari's connection with the international currency market are reviewed. There is also another researches’ review which aims to determine the effectiveness of forecasting methods in the case of the Georgian currency and a recommendation is, of course, made.