Abstract:

Pricing in the product market depends on the fluctuations of currencies. Insignificant purchasing power of citizens becomes a cause of limiting the growth of prices by retailers on the value of the volatility of the currency, so the price dynamics are not comparable with the imported inflation.

However, the pricing policy is necessary to forecast exchange rates. You must know the factors that affect the rate of the national currency. You should be able to use in practice hedging instruments that give the opportunity to generate forecasts of prices in the future.

You must master the skills of assessment of price dynamics and its trends, given the variability of the exchange rate of the national currency, which is closely related to the rate of inflation in the country.