The Role OF Foreign Exchange Operations in Enhancing the Economic Efficiency OF Commercial Banks

This article examines how foreign exchange operations can enhance the economic efficiency of commercial banks in an increasingly globalised and integrated financial market. It analyses the practical aspects of currency operations performed by commercial banks, focusing on their structure, mechanisms and impact on overall banking performance. The study reveals that foreign exchange activities are a key source of income for banks, significantly contributing to their profitability, liquidity management and financial stability. It explores how commercial banks utilise currency operations, such as spot transactions, forward contracts, swaps and conversion services, to optimise financial flows and reduce exposure to exchange rate volatility. The article emphasises that the effective management of foreign exchange risks is crucial for ensuring the sustainability of banking operations and improving competitiveness in both domestic and International markets. Furthermore, the article identifies key methodological challenges in organising and regulating currency operations, including the accurate assessment of risk, compliance with regulatory frameworks, and the integration of modern digital banking technologies. The analysis shows that introducing advanced analytical tools and automated trading systems enhances decision-making efficiency and reduces operational risks. Based on the evaluation of current practices, the study provides practical recommendations aimed at improving the efficiency of foreign exchange operations in commercial banks. These include strengthening risk management systems, expanding the use of digital platforms, improving staff competencies, and optimizing currency portfolio management strategies. Overall, the findings suggest that the development of foreign exchange operations is a strategic factor in increasing the economic efficiency of commercial banks, ensuring their stability, and enhancing their ability to adapt to dynamic changes in the global financial environment.

Перевод пока недоступен