Future's Sukuk of Exchange: A tool in order to adjusting foreign exchangemarket
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Meysam Haghighi , Nahid MomeniNejad |
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Abstract: (5212 Views) |
Fluctuations inforeignexchange ratesagainstthe national currecyis one of themain factorscausinguncertaintyanddisordersas a result ofthe currency market.Therefore,countriesusing thefuturesExchange, the priceandsaleswiththemethodthatwill beexchangedin the future, themanagementandcontrol offoreign exchangefluctuationshave. But according to the trading religion against religion based on Shia jurisprudence, is illegitimate, this method can be used to manage exchange rate fluctuations in our country and only if all conditions are met futures contract, take advantage of it exist. On the other hand, high capacity utilization of financial tools, based on possible legal contract management and foreign exchange fluctuations to provide the monetary authorities. So can " Future's Sukuk of Exchange" is one of the financial tools.
This article is a descriptive - analytical method and use valid library has tried to prove the hypothesis that "the Future's Sukuk of Exchange A tool in order to adjusting foreign exchange market fluctuations, liquidity control and speculative behavior in the currency market is" and concluded Exchange futures can be concluded that the sukuk to control three major foreign exchange market turmoil, the grammatical fixed exchange rate by the central bank, the volume of liquidity and speculative behavior, be used.
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Keywords: financial tools, the parallel futures, Future's Sukuk of Exchange, foreign exchange market, Exchange market risk |
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Full-Text [PDF 302 kb]
(1729 Downloads)
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Article type: Research |
Subject:
Special Received: 2016/07/13 | Accepted: 2016/07/13 | Published: 2016/07/13
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