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[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification: <\/strong>G18,G39, E50,M49.<\/i><\/span><\/td>\nDOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V49(2025)-19<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Manachynska Yuliia, <\/b>PhD in Economics, Associate Professor of the Department of Finance, Accounting and Taxation, Chernivtsi Trade and Economic Institute of the State University of Trade and Economics, Chernivtsi, Ukraine<\/span><\/p>\n

ORCID ID:<\/strong> 0000-0001-9155-3417<\/span><\/a>
\ne-mail: <\/strong>yu_manachynska@ukr.net<\/span><\/a><\/p>\n

 <\/p>\n

Currency Transactions in the Banking Management System and their Digital Accounting Features<\/b><\/h2>\n

Abstract. Introduction<\/i><\/b>. Currency transactions play a key role in banking management, influencing risk management strategies, financial stability, and adaptation to global changes. Strengthened international standards and the development of cryptocurrencies underscore the need for research into currency transaction accounting and innovative approaches to risk management.<\/span><\/i><\/p>\n

Purpose<\/i><\/b>. The article is to explore modern approaches to managing currency risk, analyze the accounting aspects of currency transactions, and assess the impact of regulatory and technological changes on the banking system.<\/span><\/i>
\nThis paper examines current aspects of foreign exchange management in the context of modern economic challenges. Special attention will be given to innovative strategies that effectively manage currency risk, as well as the impact of currency operations on banks’ corporate strategy. The integration of environmental and social aspects into the activities of the banking system, contributing to sustainable development, will also be examined. Technological innovation and automation have become key factors in the optimization of currency operations, while the specifics of accounting in the context of the active introduction of cryptocurrencies are studied. There is a strong focus on adapting to regulatory changes that affect the operation of the FX market. The research also covers the impact of global economic processes that shape modern approaches to managing currency transactions. Thus, addressing these issues allows not only to assess the current state of the foreign exchange market, but also to identify directions for its further development in the context of dynamic changes.<\/span><\/i><\/p>\n

Results<\/i><\/b>. The study identified the need to integrate innovative strategies, improve cryptocurrency accounting, automate currency operations, and enhance the regulatory framework. These measures will help increase the transparency, efficiency and resilience of the banking sector.<\/span><\/i>
\nThe recommendations developed will help banks optimize currency transactions, reduce currency risks, implement innovative technologies, and improve access to financial services in different regions.<\/span><\/i><\/p>\n

Conclusion<\/i><\/b>. Banks\u2019 adaptation to regulatory changes, the implementation of digital currencies, and the automation of operations enhance their competitiveness and stability in conditions of global uncertainty.<\/span><\/i><\/p>\n

Keywords:<\/i><\/b> currency operations; currency risks; digital currencies; automation; banking management; exchange rate differences; regulatory changes; banking system.<\/span><\/i><\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Verkhovna Rada of Ukraine. (2024).<\/span> About currency and currency transactions.<\/span><\/i> \u21162473-VIII. https:\/\/zakon.rada.gov.ua\/laws\/show\/2473-19#Text.<\/span><\/li>\n
  2. National Bank of Ukraine. (2024).<\/span> Indicators of the Currency Market of Ukraine.<\/span><\/i> https:\/\/bank.gov.ua\/files\/rates_final.xlsx.\u00a0<\/span><\/li>\n
  3. Petrov, P. (2024, November 21). SWAP \u2013 A Modern Tool or How Businesses Can Reduce Currency Risks. <\/span>Economic truth. <\/span><\/i>https:\/\/epravda.com.ua\/columns\/2024\/11\/21\/722052\/.<\/span><\/li>\n
  4. Official website of Oschadbank (2024, February 1). <\/span>Large Business Lending in 2024: Almost a SWOT Analysis. <\/span><\/i>https:\/\/www.oschadbank.ua\/news\/kredituvanna-velikogo-biznesu-u-2024-roci-majze-swot-analiz-dzerelo-httpsbizcensornetm3470675?utm_source=chatgpt.com.\u00a0<\/span><\/li>\n
  5. Nikolayenko, A. V. (2023, September 26). Trends of 2024: Adaptability and Change Management in Simple Examples. <\/span>WoMo.<\/span><\/i> https:\/\/womo.ua\/trendi-2024-roku-adaptivnist-ta-upravlinnya-zminami-na-prostih-prikladah\/.<\/span><\/li>\n
  6. Zoryk, A. M. (2024, July 16). Worries are useless: how the currency market will change in 2024. <\/span>24 Channel \u2013 Ukrainian multi-format media.<\/span><\/i> https:\/\/24tv.ua\/economy\/valyutniy-rinok-2024-rotsi-yak-vin-zminitsya-ekonomika_n2597259?utm_source=chatgpt.com.\u00a0<\/span><\/li>\n
  7. Volyn News Agency (2023, April 27). <\/span>Ukrainian and foreign digital currencies. <\/span><\/i>https:\/\/www.volynnews.com\/news\/all\/ukrayinski-ta-zarubizhni-tsyfrovi-valiuty\/.\u00a0<\/span><\/li>\n
  8. Karashchuk, O. O. (2024, May 16). How to tax cryptocurrency in Ukraine. <\/span>LIGA ZAKON is a Ukrainian IT product company. <\/span><\/i>https:\/\/jurliga.ligazakon.net\/analitycs\/227749_yak-opodatkovuvati-kriptovalyutu-v-ukran.\u00a0<\/span><\/li>\n
  9. Babenko-Levada, V. H., Chykalyuk, M. M., & Koverninska, Yu. V. (2024). The Impact of Artificial Intelligence on Innovations in Ukraine\u2019s Financial Sector.<\/span> Actual Questions of Economic Sciences,<\/span><\/i> 3-4. https:\/\/doi.org\/10.5281\/zenodo.13992645.<\/span><\/li>\n
  10. Hanusych, V., & Hanusych, K. (2024). Accounting for Crypto Assets: International Experience and Domestic Perspectives. <\/span>Acta Academiae Beregsasiensis. Economics,<\/span><\/i> 6, 235-248. DOI: https:\/\/doi.org\/10.58423\/2786-6742\/2024-6-235-248.<\/span><\/li>\n
  11. Koval, N. O., & Pilyavoz, T. M. (2023). Financial Risk Management in the Context of Ukraine\u2019s Integration into the Global Financial Space. <\/span>Modern Economics,<\/span><\/i> 41, 54-58.\u00a0 https:\/\/doi.org\/10.31521\/modecon.V41(2023)-08.<\/span><\/li>\n
  12. Tabatskova, G.V. (Eds.). (2024, October 23-25). Environmental and social aspects of economic development in the context of European integration, MNAU, Mykolaiv, Ukraine. https:\/\/dspace.mnau.edu.ua\/jspui\/handle\/123456789\/18985.\u00a0<\/span><\/li>\n
  13. Storozhuk, T. M., & Morhunenko, A. S. (2024). Integration of Blockchain Technology into the System of Accounting and Analysis of Controlled Transactions.<\/span> Problems of modern transformations. Series: economics and management,<\/span><\/i> 12. https:\/\/doi.org\/10.54929\/2786-5738-2024-12-09-03.<\/span><\/li>\n
  14. Fisunenk\u043e, P. A. (2024). Analysis of Key Trends in Ensuring the Sustainable Development of the Green Economy in Ukraine: European Integration. <\/span>Problems of modern transformations. Series: economics and management,<\/span><\/i> 12. https:\/\/doi.org\/10.54929\/2786-5738-2024-12-03-03.<\/span><\/li>\n
  15. Shvydka, V. A. (2024, March 29). <\/span>Currency risk management of commercial banks during martial law in Ukraine.<\/span><\/i> [Conference presentation abstract]. I\u0406 All-Ukrainian Scientific-Practical Conference of Young Scientists and Students Dominants of Socio-Economic Development of Ukraine in New Realities KNUTD, Kyiv, Ukraine, 387-389. https:\/\/er.knutd.edu.ua\/handle\/123456789\/27471.<\/span><\/li>\n
  16. Shyshkina, O. (2023). The Impact of Fintech Innovations on Global Currency Markets. <\/span>Acta Academiae Beregsasiensis. Economics,<\/span><\/i> 4, 307-320. https:\/\/doi.org\/10.58423\/2786-6742\/2023-4-307-320.<\/span><\/li>\n
  17. Feyen, E., Frost, J., Gambacorta, L., Natarajan, H., & Saal, M. (2021). Fintech and the Digital Transformation of Financial Services : Implications for Market Structure and Public Policy.<\/i> The Bank for International Settlements. https:\/\/www.bis.org\/publ\/bppdf\/bispap117.pdf.<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received: <\/strong>29 January 2025<\/span><\/p>\n

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    Manachynska Yu. (2025). Currency Transactions in the Banking Management System and their Digital Accounting Features. Modern Economics, 49(2025), 138-147. DOI: https:\/\/doi.org\/10.31521\/modecon.V49(2025)-19.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification: G18,G39, E50,M49. DOI: https:\/\/doi.org\/10.31521\/modecon.V49(2025)-19 [\/vc_column_text][vc_column_text]Manachynska Yuliia, PhD in Economics, Associate Professor of the Department of Finance, Accounting and Taxation, Chernivtsi Trade and Economic Institute of the State University of Trade and Economics, Chernivtsi, Ukraine ORCID ID: 0000-0001-9155-3417 e-mail: yu_manachynska@ukr.net   Currency Transactions in the Banking Management System and their Digital Accounting Features
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