Предположим, что в стране фиксирует

Предположим, что в стране фиксируется обменный курс и допускается свободное движение капитала. Это означает, что иностранные инвесторы могут свободно по определенному курсу покупать/продавать обязательства в местной валюте, что по факту, является аналогом денежной политики как изменение предложения денег в экономике. При начале проведения денежной политики Центральный Банк столкнется с тем, что через валютный рынок и рынок капитала инвесторы будут влиять на процентные ставки в стране, снижая эффективность политики Центрального Банка

Результаты (английский) 1:

Suppose that a fixed exchange rate in the country, and allow the free movement of capital. This means that foreign investors can freely for a certain rate of the buy/sell local currency obligations that, in fact, is the counterpart of monetary policy as a change in the money supply in the economy. At the beginning of monetary policy, the Central Bank will face the fact that, through the monetary market and the capital market investors will affect interest rates in the country, reducing the effectiveness of Central Bank policy

Результаты (английский) 2:

Assume that the fixed exchange rate of the country and allowed the free movement of capital. This means that foreign investors can freely at any particular rate buy / sell commitments in local currency, in fact, is an analogue of the monetary policy as the change in the money supply in the economy. At the beginning of the monetary policy of the Central Bank will face the fact that in the currency market and capital market investors will affect the interest rates in the country, reducing the effectiveness of central bank policy

Результаты (английский) 3:

Suppose that, in the country is fixed exchange rate and allowed free movement of capital. This means,That foreign investors can freely for a specific course to buy/sell obligations in local currency, that the fact that is the counterpart to change monetary policy as well as the money in the economy.At the beginning of the monetary policy the Central Bank will be faced with the fact that the foreign exchange market and capital market investors will influence the interest rates in the country,Without reducing its effectiveness Central Bank policy