Вплив комунікацій центрального банку на динаміку валютного ринку
a Національний банк України, Київ, Україна
Анотація

У статті досліджується вплив комунікацій центрального банку на динаміку валютного ринку. Основні результати свідчать про те, що заяви та пресрелізи НБУ з питань монетарної політики справді мають вплив. Наприклад, виявлено, що коливання та волатильність обмінного курсу негативно корелюють з обсягами публікацій на офіційному сайті НБУ. Однак цей ефект помітно більший для волатильності, ніж для змін обмінного курсу. Вплив комунікації на розвиток валютного ринку є найсильнішим через тиждень після оприлюднення новин і зберігається надалі. Крім того, ці показники виявилися більш чутливими до заяв з монетарної політики, ніж до оновлень НБУ в цілому.

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Стаття є перекладом з англійської. Під час цитування використовуйте оригінальну назву публікації
Цитуйте як: Yukhymenko, T., Sorochan, O. (2023). Impact of the Central Bank's Communication on FX Market Dynamics. Visnyk of the National Bank of Ukraine, 255, 4-21. https://doi.org/10.26531/vnbu2023.255.01
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