The main goal of this thesis is to value the effect of the exchange rate policy of the Czech National Bank on the internal economy. In this case, exchange rate policy means the introduction of foreign exchange intervention, which was joined by the Czech National Bank in November 2013. In the theoretical part is the most attention paid to the foreign exchange market, foreign-exchange interventions, which are among the indirect monetary policy instruments. There are also described the functions and roles of the central bank. In the practical part of the thesis is an analysis of macroeconomic developments in the Czech Republic and other selected European countries. There is the comparation which allows to evaulate the realized exchange rate policy of the Czech National Bank. This part of the thesis are also discussed possibilities deadline for the completion of the exchange rate commitment and its form. The last chapter includes opinions of respected economists and organizations on exchange interventions.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:262806 |
| Date | January 2017 |
| Creators | Králová, Lucie |
| Contributors | Burian, Stanislav, Milan Robin, Milan Robin |
| Publisher | Česká zemědělská univerzita v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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