Veriga G. Mechanisms of regulation of the foreign exchange market in Ukraine

The dissertation studies the essence and concepts of functioning of the foreign exchange market, characterizes the subjects and objects of its regulation, formalizes mechanisms and instruments of the exchange market regulation in terms of the European integration, substantiates the necessity and development of the mechanisms of regulation of the foreign exchange market in Ukraine. It conducts the analysis of fractal and cyclical development of the foreign exchange market of Ukraine, identifying the factors of instability and crisis of the foreign exchange market, developing the mechanisms of interventional policies by the National Bank of Ukraine and the balance of payments in Ukraine within a system of regulatory stability of the foreign exchange market. It develops scientific and methodological approaches to the management of foreign currency reserves and formation of foreign exchange rates in the system of inflation targeting based on the basket of currencies. It determines preconditions and consequences of Ukraine's integration into the European foreign exchange market, improves the mechanism of currency regulation of the foreign economic activity of Ukrainian residents and the country's foreign debt. It substantiates the areas of liberalization for the mechanism of currency supervision on the basis of independent auditing. The author identifies the problems of regulation of currency transactions of Ukrainian banks, assessing their risks and improving the methodical approach to the regulation of foreign exchange transactions of banks on the basis of adaptation of the national conditions to the Basel standards of foreign exchange selfregulation. The author defines the problems of formalization of the monetary policy of companies, improves the methodical approaches to the management of their foreign exchange risks.