Currency exchange dynamics in the global financial and economic instability

Abstract

The exchange rate of the national currency may depend on the impact of many factors such as the economic status of the issuing country, domestic governmental financial and currency policy, pricing dynamics of international goods markets, and the global economic crisis. The article is devoted to the problem of setting up currency exchange rates in the period of global financial instability and competitive devaluations carried out by countries with different levels of development in order to gain additional competitive advantages.