{"id":2617,"date":"2023-08-26T22:06:30","date_gmt":"2023-08-26T18:36:30","guid":{"rendered":"https:\/\/econclinic.com\/mag\/financial-derivatives\/"},"modified":"2023-08-26T22:06:30","modified_gmt":"2023-08-26T18:36:30","slug":"financial-derivatives","status":"publish","type":"post","link":"https:\/\/econclinic.com\/mag\/encyclopedia\/financial-derivatives\/","title":{"rendered":"\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0686\u06cc\u0633\u062a\u061f"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><style id=\"econ-card-tokens\" data-no-optimize=\"1\">:root{--ec-navy:#0a0830;--ec-gold:#ccb070;--ec-ink:#3a3a44;--ec-card-bg:rgba(10,8,48,.03);--ec-card-line:rgba(10,8,48,.12);--ec-card-radius:14px;--ec-card-pad:16px 20px;--ec-card-gap:26px;--ec-accent:4px;--ec-h:17px;--ec-h-lh:1.6;--ec-text:14.5px;--ec-text-lh:1.7}@media (max-width:520px){:root{--ec-card-pad:14px 16px;--ec-card-gap:20px}}.econ-toc,.econ-src,.econ-credits,.econ-more{margin:var(--ec-card-gap) 0;padding:var(--ec-card-pad);border-radius:var(--ec-card-radius);border:1px solid var(--ec-card-line);background:var(--ec-card-bg);border-inline-start:var(--ec-accent) solid var(--ec-gold)}.econ-toc .econ-toc__h,.econ-src .econ-src__h,.econ-credits .econ-credits__h,.econ-more .econ-more__h{margin:0 0 10px;font-size:var(--ec-h);font-weight:700;color:var(--ec-navy);line-height:var(--ec-h-lh);text-align:right;text-align-last:auto;padding:0;border:0;letter-spacing:0;opacity:1;text-transform:none}.econ-toc .econ-toc__list,.econ-src .econ-src__list,.econ-cr__bio,.econ-more .econ-more__list{font-size:var(--ec-text);line-height:var(--ec-text-lh)}<\/style><style id=\"econ-toc-css\" data-no-optimize=\"1\">.econ-toc .econ-toc__list{margin:0;padding-inline-start:20px}.econ-toc .econ-toc__list li{margin:0 0 2px}.econ-toc .econ-toc__sub{list-style:none;font-size:.94em;opacity:.85;padding-inline-start:14px}.econ-toc .econ-toc__sub::before{content:\"\u2014\";margin-inline-end:6px;opacity:.5}.econ-toc .econ-toc__list a{color:var(--ec-navy);text-decoration:none;border-bottom:1px solid transparent;box-shadow:none}.econ-toc .econ-toc__list a:hover,.econ-toc .econ-toc__list a:focus{color:var(--ec-navy);text-decoration:none;border-bottom-color:var(--ec-gold)}<\/style><nav class=\"econ-toc\" aria-labelledby=\"econ-toc-h\"><h2 id=\"econ-toc-h\" class=\"econ-toc__h\">\u0641\u0647\u0631\u0633\u062a \u0645\u0637\u0627\u0644\u0628<\/h2><ol class=\"econ-toc__list\"><li><a href=\"#%d9%85%d8%b4%d8%aa%d9%82%d8%a7%d8%aa-%d9%85%d8%a7%d9%84%db%8c-%da%86%db%8c%d8%b3%d8%aa%d8%9f-%d8%a7%d9%86%d9%88%d8%a7%d8%b9-%d8%a2%d9%86-%da%a9%d8%af%d8%a7%d9%85-%d8%a7%d8%b3%d8%aa%d8%9f\">\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0686\u06cc\u0633\u062a\u061f \u0627\u0646\u0648\u0627\u0639 \u0622\u0646 \u06a9\u062f\u0627\u0645 \u0627\u0633\u062a\u061f<\/a><\/li><li><a 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href=\"#%d8%a2%d8%aa%db%8c%d9%87%d8%a7\">\u0622\u062a\u06cc\u200c\u0647\u0627<\/a><\/li><li class=\"econ-toc__sub\"><a href=\"#%d8%b3%d9%84%d9%81%d9%87%d8%a7\">\u0633\u0644\u0641\u200c\u0647\u0627<\/a><\/li><li class=\"econ-toc__sub\"><a href=\"#%d9%be%d8%a7%db%8c%d8%a7%d9%be%d8%a7%db%8c%d9%87%d8%a7\">\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627<\/a><\/li><li><a href=\"#%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d9%87\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/a><\/li><li><a href=\"#%d9%85%d8%b2%d8%a7%db%8c%d8%a7-%d9%88-%d9%85%d8%b9%d8%a7%db%8c%d8%a8-%d9%85%d8%b4%d8%aa%d9%82%d8%a7%d8%aa-%d9%85%d8%a7%d9%84%db%8c\">\u0645\u0632\u0627\u06cc\u0627 \u0648 \u0645\u0639\u0627\u06cc\u0628 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc<\/a><\/li><li class=\"econ-toc__sub\"><a href=\"#%d9%85%d8%b2%d8%a7%db%8c%d8%a7\">\u0645\u0632\u0627\u06cc\u0627<\/a><\/li><li class=\"econ-toc__sub\"><a 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href=\"#%d9%85%d8%b2%d8%a7%db%8c%d8%a7-%d9%88-%d8%ae%d8%b7%d8%b1%d8%a7%d8%aa-%d8%a7%d8%b5%d9%84%db%8c-%d9%85%d8%b4%d8%aa%d9%82%d8%a7%d8%aa-%d9%85%d8%a7%d9%84%db%8c-%da%86%db%8c%d8%b3%d8%aa%d8%9f\">\u0645\u0632\u0627\u06cc\u0627 \u0648 \u062e\u0637\u0631\u0627\u062a \u0627\u0635\u0644\u06cc \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0686\u06cc\u0633\u062a\u061f<\/a><\/li><\/ol><\/nav>\n\n\n\n<h2 class=\"wp-block-heading\"><span>\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0686\u06cc\u0633\u062a\u061f \u0627\u0646\u0648\u0627\u0639 \u0622\u0646 \u06a9\u062f\u0627\u0645 \u0627\u0633\u062a\u061f<\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">\u0627\u0646\u0648\u0627\u0639\u060c \u0645\u0644\u0627\u062d\u0638\u0627\u062a\u060c \u0645\u0632\u0627\u06cc\u0627 \u0648 \u0645\u0639\u0627\u06cc\u0628<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">\u0622\u0646\u0686\u0647 \u0634\u0645\u0627 \u0628\u0627\u06cc\u062f \u0627\u0632 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0628\u062f\u0627\u0646\u06cc\u062f<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">24 \u062c\u0648\u0644\u0627\u06cc 2023<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0686\u06cc\u0633\u062a\u061f<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0635\u0637\u0644\u0627\u062d \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0628\u0647 \u0646\u0648\u0639\u06cc \u0627\u0632 <b>\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0645\u0627\u0644\u06cc<\/b> \u06a9\u0647 \u0627\u0631\u0632\u0634 \u0622\u0646 \u0628\u0647 \u06cc\u06a9 <b>\u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 <\/b><span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn1\" name=\"_ftnref1\"><sup>[1]<\/sup><\/a><\/span>\u060c <b>\u06af\u0631\u0648\u0647\u06cc \u0627\u0632 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627<\/b> \u06cc\u0627 \u06cc\u06a9 <b>\u0634\u0627\u062e\u0635<\/b> \u0648\u0627\u0628\u0633\u062a\u0647 \u0627\u0633\u062a \u0627\u0634\u0627\u0631\u0647 \u062f\u0627\u0631\u062f. \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0628\u06cc\u0646 <b>\u062f\u0648<\/b> \u06cc\u0627 <b>\u0686\u0646\u062f \u0637\u0631\u0641<\/b>\u00a0\u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f \u06a9\u0647 \u062f\u0631 \u0628\u0648\u0631\u0633 \u06cc\u0627 \u0628\u0627\u0632\u0627\u0631\u0647\u0627\u06cc \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633 (OTC) <span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn2\" name=\"_ftnref2\"><sup>[2]<\/sup><\/a><\/span> \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0622\u0646 \u0631\u0627 \u0645\u0639\u0627\u0645\u0644\u0647 \u06a9\u0646\u0646\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0632 \u0627\u06cc\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0628\u0631\u0627\u06cc \u0645\u0639\u0627\u0645\u0644\u0647 \u0647\u0631 \u062a\u0639\u062f\u0627\u062f \u062f\u0627\u0631\u0627\u06cc\u06cc \u06a9\u0647 \u0631\u06cc\u0633\u06a9\u200c\u0647\u0627\u06cc \u0645\u0631\u0628\u0648\u0637 \u0628\u0647 \u062e\u0648\u062f \u0631\u0627 \u062f\u0627\u0631\u0646\u062f\u060c \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0631\u062f. \u0642\u06cc\u0645\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0632 \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u0645\u0634\u062a\u0642 \u0645\u06cc\u200c\u0634\u0648\u062f. \u0627\u06cc\u0646 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0645\u0627\u0644\u06cc \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0628\u0631\u0627\u06cc \u062f\u0633\u062a\u0631\u0633\u06cc \u0628\u0647 \u0628\u0627\u0632\u0627\u0631\u0647\u0627\u06cc \u0645\u0634\u062e\u0635 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f \u0648 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0628\u0631\u0627\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn3\" name=\"_ftnref3\"><sup>[3]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u0639\u0627\u0645\u0644\u0647 \u0634\u0648\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0632 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0628\u0631\u0627\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u06a9\u0627\u0647\u0634 \u0631\u06cc\u0633\u06a9<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062a\u062d\u0645\u0644 \u0631\u06cc\u0633\u06a9<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062f\u0631 \u0645\u0642\u0627\u0628\u0644 \u067e\u0627\u062f\u0627\u0634 \u0645\u062a\u0646\u0627\u0633\u0628 \u0628\u0627 \u0622\u0646 (<\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn4\" name=\"_ftnref4\"><sup>[4]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0631\u062f. \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0631\u06cc\u0633\u06a9 (\u0648 \u067e\u0627\u062f\u0627\u0634\u200c\u0647\u0627\u06cc \u0647\u0645\u0631\u0627\u0647 \u0628\u0627 \u0622\u0646) \u0631\u0627 \u0627\u0632 \u0627\u0634\u062e\u0627\u0635 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0631\u06cc\u0633\u06a9\u200c\u06af\u0631\u06cc\u0632<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0631\u06cc\u0633\u06a9\u200c\u067e\u0630\u06cc\u0631\u0627\u0646<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u0646\u062a\u0642\u0644 \u06a9\u0646\u0646\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><span style=\"font-size: 24px\">\u0646\u06a9\u0627\u062a \u06a9\u0644\u06cc\u062f\u06cc<\/span><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">1- \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0646\u0648\u0639\u06cc \u0627\u0632 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0645\u0627\u0644\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0628\u06cc\u0646 \u062f\u0648 \u06cc\u0627 \u0686\u0646\u062f \u0637\u0631\u0641 \u062a\u0646\u0638\u06cc\u0645 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f \u0648 \u0627\u0631\u0632\u0634 \u0622\u0646\u200c\u0647\u0627 \u0648\u0627\u0628\u0633\u062a\u0647 \u0628\u0647 \u06cc\u06a9 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647\u060c \u06af\u0631\u0648\u0647\u06cc \u0627\u0632 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627 \u06cc\u0627 \u0634\u0627\u062e\u0635 \u0627\u0633\u062a.<\/span><br><span style=\"font-size: 20px\">2- \u06cc\u06a9 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u062f\u0631 \u0628\u0648\u0631\u0633 \u06cc\u0627 \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633 (OTC) \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u0645\u0639\u0627\u0645\u0644\u0647 \u0634\u0648\u062f.<\/span><br><span style=\"font-size: 20px\">3- \u0642\u06cc\u0645\u062a \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0646\u0627\u0634\u06cc \u0627\u0632 <b>\u0646\u0648\u0633\u0627\u0646\u0627\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647<\/b> \u0622\u0646\u0647\u0627\u0633\u062a.<\/span><br><span style=\"font-size: 20px\">4- \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0627\u0628\u0632\u0627\u0631\u0647\u0627\u06cc \u0627\u0647\u0631\u0645\u200c\u0634\u062f\u0647\u200c\u0627\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0627\u06cc\u0646 \u0627\u0645\u0631 <b>\u0631\u06cc\u0633\u06a9<\/b> \u0648 <b>\u067e\u0627\u062f\u0627\u0634<\/b> \u0628\u0627\u0644\u0642\u0648\u0647 \u0622\u0646\u200c\u0647\u0627 \u0631\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f.<br><\/span><span style=\"font-size: 20px\"><span style=\"text-align: var(--text-align)\">5- \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0631\u0627\u06cc\u062c \u0634\u0627\u0645\u0644 <\/span><span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0622\u062a\u06cc<\/a><\/span><span style=\"text-align: var(--text-align)\"> \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align)\">\u0622\u062a\u06cc\u200c\u0647\u0627<\/b><span style=\"text-align: var(--text-align)\"> (Futures) <span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn5\" name=\"_ftnref5\"><sup>[5]<\/sup><\/a><\/span>\u060c <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align)\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0633\u0644\u0641<\/b><span style=\"text-align: var(--text-align)\"> \u06cc\u0627 <\/span><span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0633\u0644\u0641\u200c\u0647\u0627<\/a><\/span><span style=\"text-align: var(--text-align)\"> (Forwards) <span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn6\" name=\"_ftnref6\"><sup>[6]<\/sup><\/a><\/span>\u060c <\/span><span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d9%85%d8%b4%d8%aa%d9%82%d8%a7%d8%aa-%d9%85%d8%a7%d9%84%db%8c-%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1%d8%a7%d8%aa\/\" target=\"_blank\" rel=\"noopener\">\u0627\u062e\u062a\u06cc\u0627\u0631<\/a><\/span> <span style=\"text-align: var(--text-align)\">(Options) <span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn7\" name=\"_ftnref7\"><sup>[7]<\/sup><\/a><\/span> \u0648 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align)\">\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627<\/b><span style=\"text-align: var(--text-align)\"> (Swaps) <span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn8\" name=\"_ftnref8\"><sup>[8]<\/sup><\/a><\/span> \u0627\u0633\u062a.<\/span><\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d9%85%d8%af%db%8c%d8%b1%db%8c%d8%aa-%d8%b1%db%8c%d8%b3%da%a9-%d9%85%d8%a7%d9%84%db%8c-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0645\u062f\u06cc\u0631\u06cc\u062a \u0631\u06cc\u0633\u06a9 \u0645\u0627\u0644\u06cc<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u062f\u0631\u06a9 \u0645\u0634\u062a\u0642\u0627\u062a<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0646\u0648\u0639\u06cc \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0645\u0627\u0644\u06cc \u067e\u06cc\u0686\u06cc\u062f\u0647 \u0627\u0633\u062a \u06a9\u0647 \u0628\u06cc\u0646 \u062f\u0648 \u06cc\u0627 \u0686\u0646\u062f \u0637\u0631\u0641 \u0628\u0647 \u06a9\u0627\u0631 \u06af\u0631\u0641\u062a\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f. \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631\u0627\u0646 \u0627\u0632 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0628\u0631\u0627\u06cc \u062f\u0633\u062a\u0631\u0633\u06cc \u0628\u0647 \u0628\u0627\u0632\u0627\u0631\u0647\u0627\u06cc \u0645\u0634\u062e\u0635 \u0648 \u0645\u0639\u0627\u0645\u0644\u0647 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u0645\u062e\u062a\u0644\u0641 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f. \u0639\u0645\u0648\u0645\u0627 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u062f\u0631 \u0642\u0627\u0644\u0628 <b>\u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u067e\u06cc\u0634\u0631\u0641\u062a\u0647<\/b> \u0644\u062d\u0627\u0638 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f. \u0631\u0627\u06cc\u062c\u200c\u062a\u0631\u06cc\u0646 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u067e\u0627\u06cc\u0647 \u0628\u0631\u0627\u06cc \u0645\u0634\u062a\u0642\u0627\u062a \u0634\u0627\u0645\u0644 <b>\u0633\u0647\u0627\u0645<\/b>\u060c <b>\u0627\u0648\u0631\u0627\u0642 \u0642\u0631\u0636\u0647<\/b>\u060c <b>\u06a9\u0627\u0644\u0627\u0647\u0627<\/b>\u060c <b>\u0627\u0631\u0632\u0647\u0627<\/b>\u060c <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d9%86%d8%b1%d8%ae-%d8%a8%d9%87%d8%b1%d9%87-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0646\u0631\u062e \u0628\u0647\u0631\u0647<\/a><\/span> \u0648 <b>\u0634\u0627\u062e\u0635\u200c\u0647\u0627\u06cc \u0628\u0627\u0632\u0627\u0631<\/b> \u0647\u0633\u062a\u0646\u062f. \u0627\u0631\u0632\u0634 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0628\u0647 \u062a\u063a\u06cc\u06cc\u0631\u0627\u062a \u062f\u0631 <b>\u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647<\/b> \u0628\u0633\u062a\u06af\u06cc \u062f\u0627\u0631\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0632 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0628\u0631\u0627\u06cc \u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9 \u0645\u0639\u0627\u0645\u0644\u0647\u060c \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u0631\u0648\u06cc \u062c\u0647\u062a \u062d\u0631\u06a9\u062a \u06cc\u06a9 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u06cc\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0628\u0647\u200c\u0639\u0646\u0648\u0627\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0647\u0631\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0631\u0627\u06cc \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0631\u062f. \u0627\u06cc\u0646 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627 \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u062f\u0631 \u0628\u0648\u0631\u0633 \u06cc\u0627 \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633 \u0648 \u0627\u0632 \u0637\u0631\u06cc\u0642 \u06a9\u0627\u0631\u06af\u0632\u0627\u0631\u06cc\u200c\u0647\u0627 \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f. <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u0648\u0631\u0633 \u06a9\u0627\u0644\u0627\u06cc \u0634\u06cc\u06a9\u0627\u06af\u0648<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (CME) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn9\" name=\"_ftnref9\"><sup>[9]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u06a9\u06cc \u0627\u0632 \u0628\u0632\u0631\u06af\u062a\u0631\u06cc\u0646 \u0628\u0648\u0631\u0633\u200c\u0647\u0627\u06cc \u0645\u0634\u062a\u0642\u0647 \u062f\u0631 \u062c\u0647\u0627\u0646 \u0627\u0633\u062a.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0631\u06a9 \u0627\u06cc\u0646 \u0646\u06a9\u062a\u0647 \u0645\u0647\u0645 \u0627\u0633\u062a \u06a9\u0647 \u0648\u0642\u062a\u06cc \u0634\u0631\u06a9\u062a\u200c\u0647\u0627 \u0631\u06cc\u0633\u06a9 \u0631\u0627 \u067e\u0648\u0634\u0634 \u0645\u06cc\u200c\u062f\u0647\u0646\u062f\u060c \u0631\u0648\u06cc \u0642\u06cc\u0645\u062a \u06a9\u0627\u0645\u0648\u062f\u06cc\u062a\u06cc \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u0646\u0645\u06cc\u200c\u06a9\u0646\u0646\u062f. \u062f\u0631 \u0639\u0648\u0636\u060c \u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9 \u0635\u0631\u0641\u0627\u064b \u06cc\u06a9 \u0631\u0627\u0647 <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d9%85%d8%af%db%8c%d8%b1%db%8c%d8%aa-%d8%b1%db%8c%d8%b3%da%a9\/\" target=\"_blank\" rel=\"noopener\">\u0645\u062f\u06cc\u0631\u06cc\u062a \u0631\u06cc\u0633\u06a9<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0631\u0627\u06cc \u0647\u0631\u06cc\u06a9 \u0627\u0632 \u0637\u0631\u0641\u06cc\u0646 \u0645\u0639\u0627\u0645\u0644\u0647 \u0627\u0633\u062a. \u0647\u0631 \u06cc\u06a9 \u0627\u0632 \u0637\u0631\u0641\u06cc\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062d\u0627\u0634\u06cc\u0647 \u0633\u0648\u062f<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062e\u0648\u062f \u0631\u0627 \u062f\u0631 \u0642\u06cc\u0645\u062a \u062f\u0631 \u0646\u0638\u0631 \u06af\u0631\u0641\u062a\u0647 \u0627\u0633\u062a \u0648 \u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9 \u0628\u0647 \u0645\u062d\u0627\u0641\u0638\u062a \u0627\u0632 \u0622\u0646 \u0633\u0648\u062f\u0647\u0627 \u062f\u0631 \u0628\u0631\u0627\u0628\u0631 \u0627\u0632 \u062f\u0633\u062a \u0631\u0641\u062a\u0646 \u062a\u0648\u0633\u0637 \u062a\u063a\u06cc\u06cc\u0631\u0627\u062a \u0642\u06cc\u0645\u062a \u0628\u0627\u0632\u0627\u0631 \u06a9\u0627\u0644\u0627 \u06a9\u0645\u06a9 \u0645\u06cc\u200c\u06a9\u0646\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0648\u0631\u0627\u0642 \u0645\u0634\u062a\u0642\u0647 \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u0634\u062f\u0647 \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633 \u0639\u0645\u0648\u0645\u0627\u064b \u062f\u0627\u0631\u0627\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0631\u06cc\u0633\u06a9 \u0637\u0631\u0641 \u0645\u0642\u0627\u0628\u0644<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (Counterparty Risk) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn10\" name=\"_ftnref10\"><sup>[10]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u06cc\u0634\u062a\u0631\u06cc \u0647\u0633\u062a\u0646\u062f\u060c \u06a9\u0647 \u0628\u0647 \u0645\u0639\u0646\u06cc \u062e\u0637\u0631 \u0627\u062d\u062a\u0645\u0627\u0644 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u06a9\u0648\u0644<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn11\" name=\"_ftnref11\"><sup>[11]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0\u06cc\u06a9\u06cc \u0627\u0632 \u0637\u0631\u0641\u06cc\u0646 \u062f\u0631\u06af\u06cc\u0631 \u062f\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627 \u0628\u06cc\u0646 \u062f\u0648 \u0637\u0631\u0641 \u062e\u0635\u0648\u0635\u06cc \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f \u0648 \u0645\u0642\u0631\u0631\u0627\u062a\u200c\u06af\u0630\u0627\u0631\u06cc \u0646\u0634\u062f\u0647\u200c\u0627\u0646\u062f. \u0628\u0631\u0627\u06cc \u067e\u0648\u0634\u0634 \u0627\u06cc\u0646 \u0631\u06cc\u0633\u06a9\u060c \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u06cc\u06a9 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0627\u0631\u0632<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0\u062e\u0631\u06cc\u062f\u0627\u0631\u06cc \u06a9\u0646\u062f \u062a\u0627 \u062f\u0631 \u0646\u0631\u062e \u0645\u0628\u0627\u062f\u0644\u0647 \u0627\u0631\u0632 \u0645\u0634\u062e\u0635\u06cc \u0642\u0641\u0644 \u06a9\u0646\u062f. \u0645\u0634\u062a\u0642\u0627\u062a\u06cc \u06a9\u0647 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0631\u0627\u06cc \u067e\u0648\u0634\u0634 \u0627\u06cc\u0646 \u0646\u0648\u0639 \u0631\u06cc\u0633\u06a9 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0634\u0648\u0646\u062f \u0634\u0627\u0645\u0644 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0622\u062a\u06cc\u200c\u0647\u0627\u06cc \u0627\u0631\u0632<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn12\" name=\"_ftnref12\"><sup>[12]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u00a0\u0627\u0631\u0632<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn13\" name=\"_ftnref13\"><sup>[13]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0647\u0633\u062a\u0646\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u067e\u0630\u06cc\u0631 \u062f\u0631 \u0628\u0648\u0631\u0633 \u0646\u0633\u0628\u062a \u0628\u0647 \u0622\u0646\u200c\u0647\u0627\u06cc\u06cc \u06a9\u0647 \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633 \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f \u0627\u0633\u062a\u0627\u0646\u062f\u0627\u0631\u062f \u0634\u062f\u0647 \u0648 \u0645\u0642\u0631\u0631\u0627\u062a \u0633\u062e\u062a\u200c\u06af\u06cc\u0631\u0627\u0646\u0647\u200c\u0627\u06cc \u062f\u0627\u0631\u0646\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><aside class=\"ec-cc\" role=\"complementary\" aria-label=\"\u0622\u0645\u0648\u0632\u0634 \u0641\u0627\u0631\u06a9\u0633\">\n\t\t<a class=\"ec-cc__thumb\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%81%d8%a7%d8%b1%da%a9%d8%b3\/\" tabindex=\"-1\" aria-hidden=\"true\"><img class=\"ec-cc__img\" src=\"https:\/\/econclinic.com\/wp-content\/uploads\/2023\/09\/Forextrainingcourse-Econclinic-DrSaedvandi.jpg.webp\" width=\"750\" height=\"400\" alt=\"\u062f\u0648\u0631\u0647 \u0622\u0645\u0648\u0632\u0634\u06cc \u0641\u0627\u0631\u06a9\u0633 - \u06a9\u0644\u06cc\u0646\u06cc\u06a9 \u0627\u0642\u062a\u0635\u0627\u062f - \u062f\u06a9\u062a\u0631 \u0633\u0639\u062f\u0648\u0646\u062f\u06cc\" loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/econclinic.com\/wp-content\/uploads\/2023\/09\/Forextrainingcourse-Econclinic-DrSaedvandi.jpg.webp 750w, https:\/\/econclinic.com\/wp-content\/uploads\/2023\/09\/Forextrainingcourse-Econclinic-DrSaedvandi.jpg-600x320.webp 600w, https:\/\/econclinic.com\/wp-content\/uploads\/2023\/09\/Forextrainingcourse-Econclinic-DrSaedvandi.jpg-300x160.webp 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\"><\/a>\n\t\t<div class=\"ec-cc__body\">\n\t\t\t\t<ul class=\"ec-cc__meta\"><li>\u06f5 \u0627\u0632 \u06f5<\/li><li>\u06f4\u06f3\u06f0 \u062f\u0627\u0646\u0634\u200c\u067e\u0698\u0648\u0647<\/li><\/ul>\n\t\t\t\t\t\t<div class=\"ec-cc__prices\">\n\t\t\t<span class=\"ec-cc__price\">\u06f1,\u06f5\u06f0\u06f0,\u06f0\u06f0\u06f0 <span class=\"ec-cc__unit\">\u062a\u0648\u0645\u0627\u0646<\/span><\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<a class=\"ec-cc__cta\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%81%d8%a7%d8%b1%da%a9%d8%b3\/\" aria-label=\"\u0645\u0634\u0627\u0647\u062f\u0647\u0654 \u062f\u0648\u0631\u0647 \u2014 \u0622\u0645\u0648\u0632\u0634 \u0641\u0627\u0631\u06a9\u0633\">\n\t\t\t\u0645\u0634\u0627\u0647\u062f\u0647\u0654 \u062f\u0648\u0631\u0647\t\t\t<svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M15 5l-7 7 7 7\"\/><\/svg>\n\t\t<\/a>\n\t<\/div>\n<\/aside>\n\t\t\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d8%a2%d8%b2%d9%85%d9%88%d9%86-%d9%85%d8%af%db%8c%d8%b1%db%8c%d8%aa-%d8%b1%db%8c%d8%b3%da%a9-%d9%85%d8%a7%d9%84%db%8c-frm-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u06af\u0648\u0627\u0647\u06cc\u0646\u0627\u0645\u0647 \u0645\u062f\u06cc\u0631\u06cc\u062a \u0631\u06cc\u0633\u06a9 \u0645\u0627\u0644\u06cc \u0686\u06cc\u0633\u062a\u061f<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0645\u0644\u0627\u062d\u0638\u0627\u062a \u062e\u0627\u0635 \u062f\u0631\u0628\u0627\u0631\u0647 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u062f\u0631 \u0627\u0635\u0644 \u0628\u0631\u0627\u06cc \u062a\u0636\u0645\u06cc\u0646 <b>\u0646\u0631\u062e \u0645\u0628\u0627\u062f\u0644\u0647 \u0627\u0631\u0632 \u062a\u0639\u0627\u062f\u0644\u06cc<\/b> \u0628\u0631\u0627\u06cc \u06a9\u0627\u0644\u0627\u0647\u0627\u06cc \u0628\u06cc\u0646\u200c\u0627\u0644\u0645\u0644\u0644\u06cc \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u062f\u0646\u062f. \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631\u0627\u0646 \u0628\u06cc\u0646\u200c\u0627\u0644\u0645\u0644\u0644\u06cc\u060c \u0633\u06cc\u0633\u062a\u0645\u06cc \u0631\u0627 \u0628\u0631\u0627\u06cc \u0645\u062d\u0627\u0633\u0628\u0647 \u0645\u0642\u0627\u062f\u06cc\u0631 \u062f\u0631 \u062d\u0627\u0644 \u062a\u063a\u06cc\u06cc\u0631 \u0627\u0631\u0632\u0647\u0627\u06cc \u0645\u0644\u06cc \u0646\u06cc\u0627\u0632 \u062f\u0627\u0634\u062a\u0646\u062f.<br>\u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f \u06cc\u06a9 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0627\u0631\u0648\u067e\u0627\u06cc\u06cc \u062d\u0633\u0627\u0628\u200c\u0647\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u062f\u0627\u0631\u062f \u06a9\u0647 \u0647\u0645\u0647 \u0622\u0646\u200c\u0647\u0627 \u0628\u0647 \u0627\u0631\u0632 \u06cc\u0648\u0631\u0648 (EUR) \u0647\u0633\u062a\u0646\u062f. \u062f\u0631 \u0646\u0638\u0631 \u0628\u06af\u06cc\u0631\u06cc\u062f \u0648\u06cc \u0633\u0647\u0627\u0645 \u06cc\u06a9 <b>\u0634\u0631\u06a9\u062a \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc<\/b> \u0631\u0627 \u0627\u0632 \u0637\u0631\u06cc\u0642 \u0628\u0648\u0631\u0633 \u0627\u06cc\u0627\u0644\u0627\u062a \u0645\u062a\u062d\u062f\u0647 \u0628\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u062f\u0644\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627 (USD) \u062e\u0631\u06cc\u062f\u0627\u0631\u06cc \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0627\u06cc\u0646 \u0628\u062f\u0627\u0646 \u0645\u0639\u0646\u0627\u0633\u062a \u06a9\u0647 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0627\u0631\u0648\u067e\u0627\u06cc\u06cc \u0645\u0627\u062f\u0627\u0645\u06cc\u200c\u06a9\u0647 \u0622\u0646 \u0633\u0647\u0627\u0645 \u0631\u0627 \u062f\u0627\u0631\u062f \u062f\u0631 \u0645\u0639\u0631\u0636 <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/mag\/encyclopedia\/exchange-rate-risk\/\" target=\"_blank\" rel=\"noopener\">\u0631\u06cc\u0633\u06a9 \u0646\u0631\u062e \u0627\u0631\u0632<\/a><\/span>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn14\" name=\"_ftnref14\"><sup>[14]<\/sup><\/a><\/span> \u0627\u0633\u062a. \u0631\u06cc\u0633\u06a9 \u0646\u0631\u062e \u0627\u0631\u0632 \u062a\u0647\u062f\u06cc\u062f\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0627\u0631\u0632\u0634 \u06cc\u0648\u0631\u0648 \u0646\u0633\u0628\u062a \u0628\u0647 \u062f\u0644\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0628\u062f. \u062f\u0631\u0635\u0648\u0631\u062a \u0631\u062e\u200c\u062f\u0627\u062f\u0646 \u0627\u06cc\u0646 \u0627\u0645\u0631 \u0647\u0631 \u0633\u0648\u062f\u06cc \u06a9\u0647 \u0628\u0631\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u067e\u0633 \u0627\u0632 \u0641\u0631\u0648\u0634 \u0633\u0647\u0627\u0645 \u0645\u062d\u0642\u0642 \u0634\u0648\u062f\u060c \u0648\u0642\u062a\u06cc \u0628\u0647 \u06cc\u0648\u0631\u0648 \u062a\u0628\u062f\u06cc\u0644 \u0645\u06cc\u200c\u0634\u0648\u062f \u0627\u0631\u0632\u0634 \u06a9\u0645\u062a\u0631\u06cc \u067e\u06cc\u062f\u0627 \u0645\u06cc\u200c\u06a9\u0646\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u06a9\u0647 \u0627\u0646\u062a\u0638\u0627\u0631 \u062f\u0627\u0631\u062f <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u06cc\u0648\u0631\u0648<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062f\u0631 \u0628\u0631\u0627\u0628\u0631 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0628\u062f\u060c \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u0628\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u06cc\u06a9 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u06a9\u0647 \u0627\u0631\u0632\u0634 \u0622\u0646 \u0628\u0627 \u06cc\u0648\u0631\u0648 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc\u200c\u06cc\u0627\u0628\u062f \u0633\u0648\u062f \u06a9\u0646\u062f. \u0647\u0646\u06af\u0627\u0645 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0628\u0631\u0627\u06cc \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u0631\u0648\u06cc \u062a\u063a\u06cc\u06cc\u0631 \u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647\u060c \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0646\u06cc\u0627\u0632\u06cc \u0628\u0647 \u062f\u0627\u0634\u062a\u0646 \u06cc\u0627 \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u062f\u0631 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0648\u0631\u062a\u0641\u0648\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062e\u0648\u062f \u0646\u062f\u0627\u0631\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><span style=\"font-size: 24px\">\u0646\u06a9\u062a\u0647 \u0633\u0631\u06cc\u0639<\/span><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0628\u0633\u06cc\u0627\u0631\u06cc \u0627\u0632 \u0627\u0628\u0632\u0627\u0631\u0647\u0627\u06cc \u0645\u0634\u062a\u0642\u0647 <strong>\u0627\u0647\u0631\u0645<\/strong>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn15\" name=\"_ftnref15\"><sup>[15]<\/sup><\/a><\/span> \u062f\u0627\u0631\u0646\u062f\u060c \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0639\u0646\u06cc \u06a9\u0647 \u0628\u0631\u0627\u06cc \u06a9\u0633\u0628 \u0633\u0648\u062f \u062f\u0631 \u062d\u062c\u0645 \u0632\u06cc\u0627\u062f\u06cc \u0627\u0632 \u0627\u0631\u0632\u0634 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647\u060c \u0628\u0647 \u0645\u0642\u062f\u0627\u0631 \u06a9\u0645\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647 \u0646\u06cc\u0627\u0632 \u0627\u0633\u062a.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d9%85%d8%af%db%8c%d8%b1%db%8c%d8%aa-%d8%b1%db%8c%d8%b3%da%a9\/\" target=\"_blank\" rel=\"noopener\">\u0645\u062f\u06cc\u0631\u06cc\u062a \u0631\u06cc\u0633\u06a9 \u0686\u06cc\u0633\u062a\u061f<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0627\u0646\u0648\u0627\u0639 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0645\u0631\u0648\u0632\u0647 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0628\u0631 \u0627\u0633\u0627\u0633 \u0627\u0646\u0648\u0627\u0639 \u0645\u062e\u062a\u0644\u0641\u06cc \u0627\u0632 \u062a\u0639\u0627\u0645\u0644\u0627\u062a \u0628\u0646\u0627 \u0634\u062f\u0647\u200c\u0627\u0646\u062f \u0648 \u06a9\u0627\u0631\u0628\u0631\u062f\u0647\u0627\u06cc \u0628\u0633\u06cc\u0627\u0631 \u0632\u06cc\u0627\u062f\u06cc \u062f\u0627\u0631\u0646\u062f. \u062d\u062a\u06cc \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0628\u0631 \u0627\u0633\u0627\u0633 \u062f\u0627\u062f\u0647\u200c\u0647\u0627\u06cc <b>\u0622\u0628 \u0648 \u0647\u0648\u0627<\/b>\u060c \u0645\u0627\u0646\u0646\u062f <b>\u0645\u06cc\u0632\u0627\u0646 \u0628\u0627\u0631\u0627\u0646<\/b> \u06cc\u0627 <b>\u062a\u0639\u062f\u0627\u062f \u0631\u0648\u0632\u0647\u0627\u06cc \u0622\u0641\u062a\u0627\u0628\u06cc<\/b> \u062f\u0631 \u06cc\u06a9 \u0645\u0646\u0637\u0642\u0647 \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0646\u0648\u0627\u0639 \u0645\u062e\u062a\u0644\u0641\u06cc \u0627\u0632 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f \u06a9\u0647 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0631\u0627\u06cc \u0645\u062f\u06cc\u0631\u06cc\u062a \u0631\u06cc\u0633\u06a9\u060c \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u0648 \u0627\u0647\u0631\u0645 \u06a9\u0631\u062f\u0646 \u06cc\u06a9 \u0645\u0648\u0642\u0639\u06cc\u062a \u0645\u0639\u0627\u0645\u0644\u0627\u062a\u06cc \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0634\u0648\u0646\u062f. \u0628\u0627\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u062f\u0631 \u062d\u0627\u0644 \u0631\u0634\u062f \u0627\u0633\u062a \u0648 \u0645\u062d\u0635\u0648\u0644\u0627\u062a\u06cc \u0631\u0627 \u0645\u062a\u0646\u0627\u0633\u0628 \u0628\u0627 \u0647\u0631 \u0646\u06cc\u0627\u0632 \u06cc\u0627 \u0622\u0633\u062a\u0627\u0646\u0647 \u0631\u06cc\u0633\u06a9 \u0639\u0631\u0636\u0647 \u0645\u06cc\u200c\u06a9\u0646\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0648 \u062f\u0633\u062a\u0647 \u0627\u0632 \u0645\u062d\u0635\u0648\u0644\u0627\u062a \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f: &#8220;<\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0642\u0641\u0644\u200c\u0634\u062f\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">&#8221; \u0648 &#8220;<\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062e\u062a\u06cc\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">&#8220;. \u0645\u062d\u0635\u0648\u0644\u0627\u062a \u0642\u0641\u0644\u200c\u0634\u062f\u0647 (\u0645\u0627\u0646\u0646\u062f <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0622\u062a\u06cc\u200c\u0647\u0627<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u060c <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0633\u0644\u0641\u200c\u0647\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">) \u0637\u0631\u0641\u06cc\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0631\u0627 \u0627\u0632 \u0627\u0628\u062a\u062f\u0627 \u0628\u0647 \u0634\u0631\u0627\u06cc\u0637 \u062a\u0648\u0627\u0641\u0642 \u0634\u062f\u0647 \u062f\u0631 \u0637\u0648\u0644 \u0639\u0645\u0631 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0645\u062a\u0639\u0647\u062f \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0627\u0632 \u0633\u0648\u06cc \u062f\u06cc\u06af\u0631 \u0645\u062d\u0635\u0648\u0644\u0627\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062e\u062a\u06cc\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (\u0645\u0627\u0646\u0646\u062f <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d9%85%d8%b4%d8%aa%d9%82%d8%a7%d8%aa-%d9%85%d8%a7%d9%84%db%8c-%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1%d8%a7%d8%aa\/\" target=\"_blank\" rel=\"noopener\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/a><\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0633\u0647\u0627\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">) \u0627\u06cc\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062d\u0642<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648 \u0646\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062c\u0628\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u0628\u0647 \u062f\u0627\u0631\u0646\u062f\u0647 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a\u06cc \u062e\u0627\u0635 \u062f\u0631 \u062a\u0627\u0631\u06cc\u062e \u0627\u0646\u0642\u0636\u0627\u06cc \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u06cc\u0627 \u0642\u0628\u0644 \u0627\u0632 \u0622\u0646 \u0628\u062e\u0631\u062f \u06cc\u0627 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-0.05px\"> \u0648 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/mag\/education\/financial-mba-guide\/\" target=\"_blank\" rel=\"noopener\">\u062f\u0648\u0631\u0647 MBA \u0645\u0627\u0644\u06cc<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u0622\u062a\u06cc\u200c\u0647\u0627<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><b>\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc<\/b>\u060c \u06cc\u0627 <b>\u0622\u062a\u06cc\u200c\u0647\u0627<\/b>\u060c \u062a\u0648\u0627\u0641\u0642\u06cc \u0628\u06cc\u0646 \u062f\u0648 \u0637\u0631\u0641 \u0628\u0631\u0627\u06cc <b>\u062e\u0631\u06cc\u062f<\/b> \u0648 <b>\u062a\u062d\u0648\u06cc\u0644<\/b> \u06cc\u06a9 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0628\u0647 \u0642\u06cc\u0645\u062a <b>\u062a\u0648\u0627\u0641\u0642\u200c\u0634\u062f\u0647<\/b> \u0628\u0631\u0627\u06cc \u062a\u0627\u0631\u06cc\u062e\u06cc \u062f\u0631 <b>\u0622\u06cc\u0646\u062f\u0647<\/b> \u0627\u0633\u062a. \u0622\u062a\u06cc\u200c\u0647\u0627\u060c \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0627\u0633\u062a\u0627\u0646\u062f\u0627\u0631\u062f \u0634\u062f\u0647\u200c\u0627\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u062f\u0631 <b>\u0628\u0648\u0631\u0633<\/b> \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f. \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631\u0627\u0646 \u0627\u0632 \u06cc\u06a9 <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc<\/a><\/span> \u0628\u0631\u0627\u06cc \u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9 \u062e\u0648\u062f \u06cc\u0627 \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u062f\u0631 \u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f. \u0637\u0631\u0641\u06cc\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0645\u0648\u0638\u0641 \u0628\u0647 \u0627\u0646\u062c\u0627\u0645 <b>\u062a\u0639\u0647\u062f \u062e\u0631\u06cc\u062f<\/b> \u06cc\u0627 <b>\u0641\u0631\u0648\u0634 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647<\/b> \u0647\u0633\u062a\u0646\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u0647\u200c\u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u062f\u0631 6 \u0646\u0648\u0627\u0645\u0628\u0631 2021\u060c \u0634\u0631\u06a9\u062a A <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0646\u0641\u062a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn16\" name=\"_ftnref16\"><sup>[16]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">62.22 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062f\u0631 \u0647\u0631 \u0628\u0634\u06a9\u0647 \u0628\u0627 \u0627\u0646\u0642\u0636\u0627\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">19 \u062f\u0633\u0627\u0645\u0628\u0631 2021<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062e\u0631\u06cc\u062f\u0627\u0631\u06cc \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0627\u06cc\u0646 \u0634\u0631\u06a9\u062a \u0628\u0647 \u0627\u06cc\u0646 \u062f\u0644\u06cc\u0644 \u06a9\u0647 \u062f\u0631 \u062f\u0633\u0627\u0645\u0628\u0631 \u0628\u0647 \u0646\u0641\u062a \u0646\u06cc\u0627\u0632 \u062f\u0627\u0631\u062f \u0648 \u0646\u06af\u0631\u0627\u0646 \u0627\u0633\u062a \u06a9\u0647 \u0642\u06cc\u0645\u062a \u0642\u0628\u0644 \u0627\u0632 \u0646\u06cc\u0627\u0632 \u0634\u0631\u06a9\u062a \u0628\u0647 \u062e\u0631\u06cc\u062f \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0628\u062f\u060c \u0627\u06cc\u0646 \u06a9\u0627\u0631 \u0631\u0627 \u0645\u06cc\u200c\u06a9\u0646\u062f. \u062e\u0631\u06cc\u062f \u06cc\u06a9 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0646\u0641\u062a \u0631\u06cc\u0633\u06a9 \u0634\u0631\u06a9\u062a \u0631\u0627 \u067e\u0648\u0634\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f\u060c \u0632\u06cc\u0631\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0641\u0631\u0648\u0634\u0646\u062f\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u0648\u0638\u0641 \u0627\u0633\u062a \u062f\u0631\u0633\u062a \u062f\u0631 \u0632\u0645\u0627\u0646 \u0627\u0646\u0642\u0636\u0627\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u060c \u0646\u0641\u062a \u0631\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a 62.22 \u062f\u0644\u0627\u0631 \u062f\u0631 \u0647\u0631 \u0628\u0634\u06a9\u0647 \u0628\u0647 \u0634\u0631\u06a9\u062a A \u062a\u062d\u0648\u06cc\u0644 \u062f\u0647\u062f. \u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f \u0642\u06cc\u0645\u062a \u0646\u0641\u062a \u062a\u0627 19 \u062f\u0633\u0627\u0645\u0628\u0631 2021 \u0628\u0647 80 \u062f\u0644\u0627\u0631 \u062f\u0631 \u0647\u0631 \u0628\u0634\u06a9\u0647 \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0628\u062f. \u0634\u0631\u06a9\u062a A \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u062a\u062d\u0648\u06cc\u0644 \u0646\u0641\u062a \u0631\u0627 \u0627\u0632 \u0641\u0631\u0648\u0634\u0646\u062f\u0647 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0628\u067e\u0630\u06cc\u0631\u062f\u060c \u0627\u0645\u0627 \u0627\u06af\u0631 \u062f\u06cc\u06af\u0631 \u0628\u0647 \u0646\u0641\u062a \u0646\u06cc\u0627\u0632 \u0646\u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u062f \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0631\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0642\u0628\u0644 \u0627\u0632 \u0627\u0646\u0642\u0636\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0646\u06cc\u0632 \u0628\u0641\u0631\u0648\u0634\u062f \u0648 \u0633\u0648\u062f \u0622\u0646 \u0631\u0627 \u0646\u06af\u0647 \u062f\u0627\u0631\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0631 \u0645\u062b\u0627\u0644 \u0628\u0627\u0644\u0627\u060c \u0647\u0645 \u062e\u0631\u06cc\u062f\u0627\u0631 \u0648 \u0647\u0645 \u0641\u0631\u0648\u0634\u0646\u062f\u0647 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0631\u06cc\u0633\u06a9 \u062e\u0648\u062f \u0631\u0627 \u067e\u0648\u0634\u0634 \u0645\u06cc\u200c\u062f\u0647\u0646\u062f. \u0634\u0631\u06a9\u062a A \u062f\u0631 \u0622\u06cc\u0646\u062f\u0647 \u0628\u0647 \u0646\u0641\u062a \u0646\u06cc\u0627\u0632 \u062f\u0627\u0634\u062a \u0648 \u0645\u06cc\u200c\u062e\u0648\u0627\u0633\u062a \u062e\u0637\u0631 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0642\u06cc\u0645\u062a \u062f\u0631 \u062f\u0633\u0627\u0645\u0628\u0631 \u0631\u0627 \u0628\u0627 \u06cc\u06a9 \u0645\u0639\u0627\u0645\u0644\u0647 \u062e\u0631\u06cc\u062f \u062f\u0631 \u06cc\u06a9 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0646\u0641\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062e\u0646\u062b\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06a9\u0646\u062f. \u0641\u0631\u0648\u0634\u0646\u062f\u0647 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0633\u062a \u06cc\u06a9 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0634\u0631\u06a9\u062a \u0646\u0641\u062a\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0627\u0634\u062f \u06a9\u0647 \u0646\u06af\u0631\u0627\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u06a9\u0627\u0647\u0634 \u0642\u06cc\u0645\u062a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0646\u0641\u062a \u0628\u0648\u062f \u0648 \u0645\u06cc\u200c\u062e\u0648\u0627\u0633\u062a \u0627\u06cc\u0646 \u0631\u06cc\u0633\u06a9 \u0631\u0627 \u0628\u0627 \u0641\u0631\u0648\u0634 \u06cc\u0627 \u0645\u0639\u0627\u0645\u0644\u0647 \u062f\u0631 \u062c\u0647\u062a \u06a9\u0627\u0647\u0634 \u0642\u06cc\u0645\u062a (SHORT) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn17\" name=\"_ftnref17\"><sup>[17]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u06a9 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0628\u0627 \u0642\u06cc\u0645\u062a\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062b\u0627\u0628\u062a \u0634\u062f\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06a9\u0647 \u062f\u0631 \u062f\u0633\u0627\u0645\u0628\u0631 \u0628\u0647 \u062f\u0631\u06cc\u0627\u0641\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f \u0627\u0632 \u0628\u06cc\u0646 \u0628\u0628\u0631\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0647\u0645\u0686\u0646\u06cc\u0646 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u06cc\u06a9\u06cc \u0627\u0632 \u0637\u0631\u0641\u06cc\u0646 \u06cc\u0627 \u0647\u0631 \u062f\u0648\u06cc \u0622\u0646\u200c\u0647\u0627 \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u0627\u0646\u06cc \u0628\u0627 \u0646\u0638\u0631 \u0645\u062e\u0627\u0644\u0641 \u062f\u0631\u0628\u0627\u0631\u0647 \u0645\u0633\u06cc\u0631 \u0642\u06cc\u0645\u062a \u0646\u0641\u062a \u062f\u0633\u0627\u0645\u0628\u0631 \u0628\u0627\u0634\u0646\u062f. \u062f\u0631 \u0622\u0646 \u0635\u0648\u0631\u062a\u060c \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u06cc\u06a9\u06cc \u0627\u0632 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0645\u0646\u062a\u0641\u0639 \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062e\u06cc\u0631. \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0646\u0641\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0648\u0633\u062a \u062a\u06af\u0632\u0627\u0633 \u0627\u06cc\u0646\u062a\u0631\u0645\u06cc\u062f\u06cc\u062a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (WTI) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn18\" name=\"_ftnref18\"><sup>[18]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u062f\u0631 \u0646\u0638\u0631 \u0628\u06af\u06cc\u0631\u06cc\u062f \u06a9\u0647 \u062f\u0631 CME \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f \u0648 \u0646\u0634\u0627\u0646 \u062f\u0647\u0646\u062f\u0647 1000 \u0628\u0634\u06a9\u0647 \u0646\u0641\u062a \u0627\u0633\u062a. \u0627\u06af\u0631 \u0642\u06cc\u0645\u062a \u0646\u0641\u062a \u0627\u0632 62.22 \u062f\u0644\u0627\u0631 \u0628\u0647 80 \u062f\u0644\u0627\u0631 \u062f\u0631 \u0647\u0631 \u0628\u0634\u06a9\u0647 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc\u200c\u06cc\u0627\u0641\u062a \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631 \u0628\u0627 \u0645\u0648\u0642\u0639\u06cc\u062a \u062e\u0631\u06cc\u062f\u060c \u062e\u0631\u06cc\u062f\u0627\u0631\u060c \u062f\u0631 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">17,780 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (80-62.22 USD*1000) <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0633\u0648\u062f<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u06cc\u200c\u0628\u0631\u062f \u0648 \u0641\u0631\u0648\u0634\u0646\u062f\u0647 \u062f\u0631 \u0642\u0631\u0627\u0631\u062f\u0627\u062f 17,780 \u062f\u0644\u0627\u0631 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0636\u0631\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u06cc\u200c\u06a9\u0631\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d8%b1%db%8c%d8%b3%da%a9-%d8%a7%d8%b9%d8%aa%d8%a8%d8%a7%d8%b1%db%8c-%d9%88-%da%a9%d8%a7%d8%b1%d8%a8%d8%b1%d8%af-%d8%a2%d9%86-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0631\u06cc\u0633\u06a9 \u0627\u0639\u062a\u0628\u0627\u0631\u06cc \u0686\u06cc\u0633\u062a\u061f<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u062a\u0633\u0648\u06cc\u0647 \u0646\u0642\u062f\u06cc \u0622\u062a\u06cc\u200c\u0647\u0627<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u0647\u0645\u0647 \u0622\u062a\u06cc\u200c\u0647\u0627 \u062f\u0631 \u0632\u0645\u0627\u0646 <b>\u0627\u0646\u0642\u0636\u0627<\/b> \u0628\u0627 <b>\u062a\u062d\u0648\u06cc\u0644 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647<\/b> \u062a\u0633\u0648\u06cc\u0647 \u0646\u0645\u06cc\u200c\u0634\u0648\u0646\u062f. \u0627\u06af\u0631 \u0647\u0631 \u062f\u0648 \u0637\u0631\u0641 \u062f\u0631 \u06cc\u06a9 \u0642\u0631\u0627\u0631\u062f\u0627\u062f <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0622\u062a\u06cc<\/a><\/span> \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 <b>\u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632<\/b> \u06cc\u0627 <b>\u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631<\/b> \u0628\u0627\u0634\u0646\u062f \u0628\u0639\u06cc\u062f \u0627\u0633\u062a \u06a9\u0647 \u0647\u0631 \u06cc\u06a9 \u0627\u0632 \u0622\u0646\u200c\u0647\u0627 \u0628\u062e\u0648\u0627\u0647\u0646\u062f \u062a\u062d\u0648\u06cc\u0644 \u062a\u0639\u062f\u0627\u062f \u0632\u06cc\u0627\u062f\u06cc \u0628\u0634\u06a9\u0647 \u0646\u0641\u062a \u062e\u0627\u0645 \u0631\u0627 \u062a\u0631\u062a\u06cc\u0628 \u062f\u0647\u0646\u062f. \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u0627\u0646 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0627 \u067e\u0627\u06cc\u0627\u0646 \u062f\u0627\u062f\u0646 \u0628\u0647 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u062e\u0648\u062f \u0642\u0628\u0644 \u0627\u0632 \u0627\u0646\u0642\u0636\u0627 \u0628\u0627 \u06cc\u06a9 <b>\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u062c\u0628\u0631\u0627\u0646\u06cc<\/b> \u0628\u0647 \u062a\u0639\u0647\u062f \u062e\u0648\u062f \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u06cc\u0627 \u062a\u062d\u0648\u06cc\u0644 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u067e\u0627\u06cc\u0627\u0646 \u062f\u0647\u0646\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u0633\u06cc\u0627\u0631\u06cc \u0627\u0632 \u0627\u0628\u0632\u0627\u0631\u0647\u0627\u06cc \u0645\u0634\u062a\u0642\u0647 \u062f\u0631 \u062d\u0642\u06cc\u0642\u062a \u0628\u0647 \u0635\u0648\u0631\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u0642\u062f\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062a\u0633\u0648\u06cc\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f\u060c \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0639\u0646\u06cc \u06a9\u0647 \u0633\u0648\u062f \u06cc\u0627 \u0632\u06cc\u0627\u0646 \u062d\u0627\u0635\u0644 \u0627\u0632 \u0645\u0639\u0627\u0645\u0644\u0647 \u0635\u0631\u0641\u0627\u064b \u06cc\u06a9 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062c\u0631\u06cc\u0627\u0646 \u0646\u0642\u062f\u06cc \u062d\u0633\u0627\u0628\u062f\u0627\u0631\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0647 \u062d\u0633\u0627\u0628 \u06a9\u0627\u0631\u06af\u0632\u0627\u0631\u06cc \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631 \u0627\u0633\u062a. \u0622\u062a\u06cc\u200c\u0647\u0627\u06cc\u06cc \u06a9\u0647 \u0628\u0647 \u0635\u0648\u0631\u062a \u0646\u0642\u062f\u06cc \u062a\u0633\u0648\u06cc\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f \u0634\u0627\u0645\u0644 \u0628\u0633\u06cc\u0627\u0631\u06cc \u0627\u0632 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0622\u062a\u06cc\u200c\u0647\u0627\u06cc \u0646\u0631\u062e \u0628\u0647\u0631\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u060c <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0622\u062a\u06cc\u200c\u0647\u0627\u06cc \u0634\u0627\u062e\u0635 \u0633\u0647\u0627\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn19\" name=\"_ftnref19\"><sup>[19]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648 \u0627\u0628\u0632\u0627\u0631\u0647\u0627\u06cc \u063a\u06cc\u0631\u0645\u0639\u0645\u0648\u0644\u200c\u062a\u0631\u06cc \u0645\u0627\u0646\u0646\u062f <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0622\u062a\u06cc\u200c\u0647\u0627\u06cc \u0646\u0648\u0633\u0627\u0646\u0627\u062a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn20\" name=\"_ftnref20\"><sup>[20]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0622\u062a\u06cc\u200c\u0647\u0627\u06cc \u0622\u0628 \u0648 \u0647\u0648\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn21\" name=\"_ftnref21\"><sup>[21]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0647\u0633\u062a\u0646\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/mag\/encyclopedia\/exchange-rate-risk\/\" target=\"_blank\" rel=\"noopener\">\u0631\u06cc\u0633\u06a9 \u0646\u0631\u062e \u0627\u0631\u0632 \u0686\u06cc\u0633\u062a\u061f<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u0633\u0644\u0641\u200c\u0647\u0627<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0633\u0644\u0641<\/a><\/span> \u06cc\u0627 \u0633\u0644\u0641\u200c\u0647\u0627 \u0645\u0634\u0627\u0628\u0647 \u0622\u062a\u06cc\u200c\u0647\u0627 \u0647\u0633\u062a\u0646\u062f \u0628\u0627 \u0627\u06cc\u0646 \u062a\u0641\u0627\u0648\u062a \u06a9\u0647 \u062f\u0631 \u0628\u0648\u0631\u0633 \u0645\u0639\u0627\u0645\u0644\u0647 \u0646\u0645\u06cc\u200c\u0634\u0648\u0646\u062f. \u0627\u06cc\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627 \u0641\u0642\u0637 \u062f\u0631 <b>\u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633<\/b> \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f. \u0647\u0646\u06af\u0627\u0645\u06cc \u06a9\u0647 \u06cc\u06a9 <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a2%d8%aa%db%8c-%d9%81%db%8c%d9%88%da%86%d8%b1%d8%b2\/\" target=\"_blank\" rel=\"noopener\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0633\u0644\u0641<\/a><\/span> \u0634\u06a9\u0644 \u0645\u06cc\u200c\u06af\u06cc\u0631\u062f \u062e\u0631\u06cc\u062f\u0627\u0631 \u0648 \u0641\u0631\u0648\u0634\u0646\u062f\u0647 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a <b>\u0634\u0631\u0627\u06cc\u0637<\/b>\u060c <b>\u062d\u062c\u0645<\/b> \u0648 <b>\u0641\u0631\u0627\u06cc\u0646\u062f \u062a\u0633\u0648\u06cc\u0647<\/b> \u0631\u0627 \u0633\u0641\u0627\u0631\u0634\u06cc \u06a9\u0646\u0646\u062f. \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062d\u0635\u0648\u0644\u0627\u062a \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633\u060c \u0633\u0644\u0641\u200c\u0647\u0627 \u062f\u0631\u062c\u0647 \u0628\u06cc\u0634\u062a\u0631\u06cc \u0627\u0632 <b>\u0631\u06cc\u0633\u06a9 \u0637\u0631\u0641 \u0645\u0642\u0627\u0628\u0644<\/b> \u0631\u0627 \u0628\u0631\u0627\u06cc \u0647\u0631 \u062f\u0648 \u0637\u0631\u0641 \u0645\u0639\u0627\u0645\u0644\u0647 \u0628\u0647 \u0647\u0645\u0631\u0627\u0647 \u062f\u0627\u0631\u0646\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0631\u06cc\u0633\u06a9 \u0637\u0631\u0641 \u0645\u0642\u0627\u0628\u0644 \u0646\u0648\u0639\u06cc <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%b1%db%8c%d8%b3%da%a9-%d8%a7%d8%b9%d8%aa%d8%a8%d8%a7%d8%b1%db%8c-%d9%88-%da%a9%d8%a7%d8%b1%d8%a8%d8%b1%d8%af-%d8%a2%d9%86-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0631\u06cc\u0633\u06a9 \u0627\u0639\u062a\u0628\u0627\u0631\u06cc<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn22\" name=\"_ftnref22\"><sup>[22]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u0637\u0631\u0641\u06cc\u0646 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0646\u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0647 \u062a\u0639\u0647\u062f\u0627\u062a \u0645\u0646\u062f\u0631\u062c \u062f\u0631 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0639\u0645\u0644 \u06a9\u0646\u0646\u062f. \u0627\u06af\u0631 \u06cc\u06a9\u06cc \u0627\u0632 \u0637\u0631\u0641\u06cc\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0648\u0631\u0634\u06a9\u0633\u062a\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0634\u0648\u062f \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0637\u0631\u0641 \u062f\u06cc\u06af\u0631 \u0647\u06cc\u0686 \u0631\u0627\u0647\u200c\u062d\u0644\u06cc \u0646\u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u062f \u0648 \u0627\u0631\u0632\u0634 \u0645\u0648\u0642\u0639\u06cc\u062a \u0645\u0639\u0627\u0645\u0644\u0627\u062a\u06cc \u062e\u0648\u062f \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u0628\u062f\u0647\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0633 \u0627\u0632 \u0627\u06cc\u062c\u0627\u062f \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0633\u0644\u0641\u060c \u0637\u0631\u0641\u06cc\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0645\u0648\u0642\u0639\u06cc\u062a \u0645\u0639\u0627\u0645\u0644\u0627\u062a\u06cc \u062e\u0648\u062f \u0631\u0627 \u0628\u0627 \u0637\u0631\u0641\u200c\u0647\u0627\u06cc \u062f\u06cc\u06af\u0631 \u062c\u0628\u0631\u0627\u0646 \u06a9\u0646\u0646\u062f. \u0627\u06cc\u0646 \u06a9\u0627\u0631 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u0627\u062d\u062a\u0645\u0627\u0644 \u0631\u06cc\u0633\u06a9 \u0637\u0631\u0641 \u0645\u0642\u0627\u0628\u0644 \u0631\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u062f\u0647\u062f \u0632\u06cc\u0631\u0627 \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631\u0627\u0646 \u0628\u06cc\u0634\u062a\u0631\u06cc \u062f\u0631 \u0647\u0645\u0627\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u062f\u0631\u06af\u06cc\u0631 \u0634\u062f\u0647\u200c\u0627\u0646\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d8%b1%db%8c%d8%b3%da%a9-%d9%86%d9%82%d8%af%db%8c%d9%86%da%af%db%8c-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0631\u06cc\u0633\u06a9 \u0646\u0642\u062f\u06cc\u0646\u06af\u06cc \u0686\u06cc\u0633\u062a\u061f<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627 \u06cc\u06a9\u06cc \u062f\u06cc\u06af\u0631 \u0627\u0632 \u0627\u0646\u0648\u0627\u0639 \u0645\u062a\u062f\u0627\u0648\u0644 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0627\u063a\u0644\u0628 \u0628\u0631\u0627\u06cc \u0645\u0628\u0627\u062f\u0644\u0647 \u06cc\u06a9 \u0646\u0648\u0639 \u0627\u0632 <b>\u062c\u0631\u06cc\u0627\u0646 \u0646\u0642\u062f<\/b>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn23\" name=\"_ftnref23\"><sup>[23]<\/sup><\/a><\/span> \u0628\u0627 \u0646\u0648\u0639 \u062f\u06cc\u06af\u0631\u06cc \u0627\u0632 \u0622\u0646 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f. \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u06cc\u06a9 \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0627\u0632 <b>\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc \u0646\u0631\u062e \u0628\u0647\u0631\u0647<\/b>\u00a0\u0628\u0631\u0627\u06cc \u062c\u0627\u0628\u062c\u0627\u06cc\u06cc \u0627\u0632 \u0648\u0627\u0645 \u0628\u0627 <b>\u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u0645\u062a\u063a\u06cc\u0631<\/b>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn24\" name=\"_ftnref24\"><sup>[24]<\/sup><\/a><\/span> \u0628\u0647 \u0648\u0627\u0645 \u0628\u0627 <b>\u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u062b\u0627\u0628\u062a<\/b>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn25\" name=\"_ftnref25\"><sup>[25]<\/sup><\/a><\/span> \u06cc\u0627 \u0628\u0631\u0639\u06a9\u0633 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0646\u062f.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u0645\u062b\u0627\u0644 \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u062a\u0635\u0648\u0631 \u06a9\u0646\u06cc\u062f \u06a9\u0647 \u0634\u0631\u06a9\u062a XYZ \u0645\u0628\u0644\u063a 1,000,000 \u062f\u0644\u0627\u0631 \u0648\u0627\u0645 \u0645\u06cc\u200c\u06af\u06cc\u0631\u062f \u0648 \u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u0645\u062a\u063a\u06cc\u0631\u06cc \u0631\u0627 \u06a9\u0647 \u062f\u0631 \u062d\u0627\u0644 \u062d\u0627\u0636\u0631 6% \u0627\u0633\u062a \u0631\u0648\u06cc \u0648\u0627\u0645 \u067e\u0631\u062f\u0627\u062e\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0634\u0631\u06a9\u062a XYZ \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0646\u06af\u0631\u0627\u0646 <b>\u0627\u0641\u0632\u0627\u06cc\u0634 \u0646\u0631\u062e\u200c\u0647\u0627\u06cc \u0628\u0647\u0631\u0647<\/b> \u0628\u0627\u0634\u062f \u06a9\u0647 \u0647\u0632\u06cc\u0646\u0647\u200c\u0647\u0627\u06cc \u0627\u06cc\u0646 \u0648\u0627\u0645 \u0631\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f \u06cc\u0627 \u0628\u0627 \u0648\u0627\u0645\u200c\u062f\u0647\u0646\u062f\u0647\u200c\u0627\u06cc \u0645\u0648\u0627\u062c\u0647 \u0634\u0648\u062f \u06a9\u0647 \u062a\u0645\u0627\u06cc\u0644\u06cc \u0628\u0647 <b>\u0627\u0639\u0637\u0627\u06cc \u0627\u0639\u062a\u0628\u0627\u0631<\/b> \u0628\u06cc\u0634\u062a\u0631 \u062f\u0631 \u062d\u0627\u0644\u06cc \u06a9\u0647 \u0634\u0631\u06a9\u062a \u062f\u0627\u0631\u0627\u06cc \u0631\u06cc\u0633\u06a9 \u0646\u0631\u062e \u0645\u062a\u063a\u06cc\u0631 \u0627\u0633\u062a \u0646\u062f\u0627\u0631\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f XYZ \u06cc\u06a9 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc \u0628\u0627 \u0634\u0631\u06a9\u062a QRS \u0645\u06cc\u200c\u0628\u0646\u062f\u062f\u060c \u06a9\u0647 \u062a\u0645\u0627\u06cc\u0644 \u062f\u0627\u0631\u062f \u067e\u0631\u062f\u0627\u062e\u062a \u0628\u062f\u0647\u06cc\u200c\u0647\u0627\u06cc \u0648\u0627\u0645 \u0628\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u0631\u062e \u0645\u062a\u063a\u06cc\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u0628\u0627 \u067e\u0631\u062f\u0627\u062e\u062a \u0628\u062f\u0647\u06cc\u200c\u0647\u0627\u06cc \u0648\u0627\u0645 \u0628\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u0631\u062e \u062b\u0627\u0628\u062a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> 7 \u062f\u0631\u0635\u062f \u062a\u0628\u0627\u062f\u0644 \u06a9\u0646\u062f. \u0627\u06cc\u0646 \u0628\u062f\u0627\u0646 \u0645\u0639\u0646\u0627\u0633\u062a \u06a9\u0647 \u0634\u0631\u06a9\u062a XYZ \u0628\u0627 \u0646\u0631\u062e 7 \u062f\u0631\u0635\u062f \u0628\u0647 \u0634\u0631\u06a9\u062a QRS \u0627\u0632 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0635\u0644 1,000,000<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062f\u0644\u0627\u0631 \u062e\u0648\u062f \u067e\u0631\u062f\u0627\u062e\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f \u0648 QRS \u0628\u0647 XYZ \u0628\u0627 \u0628\u0647\u0631\u0647 6% \u0631\u0648\u06cc \u0647\u0645\u0627\u0646 \u0627\u0635\u0644 \u0648\u0627\u0645 \u067e\u0631\u062f\u0627\u062e\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f. \u062f\u0631 \u0627\u0628\u062a\u062f\u0627\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u060c XYZ \u0641\u0642\u0637 1 \u062f\u0631\u0635\u062f \u0627\u062e\u062a\u0644\u0627\u0641 \u0628\u06cc\u0646 \u062f\u0648 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u0631\u062e \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u0628\u0647 QRS \u067e\u0631\u062f\u0627\u062e\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u06af\u0631 \u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u06a9\u0645 \u0634\u0648\u062f \u0628\u0647 \u0637\u0648\u0631\u06cc \u06a9\u0647 \u0646\u0631\u062e \u0645\u062a\u063a\u06cc\u0631 \u0631\u0648\u06cc \u0648\u0627\u0645 \u0627\u0635\u0644\u06cc \u0627\u06a9\u0646\u0648\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">5\u066a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0627\u0634\u062f\u060c \u0634\u0631\u06a9\u062a XYZ \u0628\u0627\u06cc\u062f \u062a\u0641\u0627\u0648\u062a <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">2 \u062f\u0631\u0635\u062f\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648\u0627\u0645 \u0631\u0627 \u0628\u0647 \u0634\u0631\u06a9\u062a QRS \u0628\u067e\u0631\u062f\u0627\u0632\u062f. \u0627\u06af\u0631 \u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">8 \u062f\u0631\u0635\u062f<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0628\u062f\u060c QRS \u0628\u0627\u06cc\u062f <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">1 \u062f\u0631\u0635\u062f<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u062e\u062a\u0644\u0627\u0641 \u0628\u06cc\u0646 \u062f\u0648 \u0646\u0631\u062e \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc \u0631\u0627 \u0628\u0647 XYZ \u0628\u067e\u0631\u062f\u0627\u0632\u062f. \u0635\u0631\u0641\u200c\u0646\u0638\u0631 \u0627\u0632 \u0686\u06af\u0648\u0646\u06af\u06cc \u062a\u063a\u06cc\u06cc\u0631 \u0646\u0631\u062e\u200c\u0647\u0627\u06cc \u0628\u0647\u0631\u0647\u060c \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627 \u0628\u0647 \u0647\u062f\u0641 \u0627\u0648\u0644\u06cc\u0647 XYZ \u0645\u0628\u0646\u06cc \u0628\u0631 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062a\u0628\u062f\u06cc\u0644 \u0648\u0627\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0632 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u0645\u062a\u063a\u06cc\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u0631\u062e \u0628\u0647\u0631\u0647 \u062b\u0627\u0628\u062a<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062f\u0633\u062a \u06cc\u0627\u0641\u062a\u0647 \u0627\u0633\u062a.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627 \u0647\u0645\u0686\u0646\u06cc\u0646 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0631\u0627\u06cc \u0645\u0628\u0627\u062f\u0644\u0647 <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/mag\/encyclopedia\/exchange-rate-risk\/\" target=\"_blank\" rel=\"noopener\">\u0631\u06cc\u0633\u06a9 \u0646\u0631\u062e \u062a\u0628\u0627\u062f\u0644 \u0627\u0631\u0632<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u0627 \u062e\u0637\u0631 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u06a9\u0648\u0644 \u0648\u0627\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062c\u0631\u06cc\u0627\u0646\u200c\u0647\u0627\u06cc \u0646\u0642\u062f<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0646\u0627\u0634\u06cc \u0627\u0632 \u0633\u0627\u06cc\u0631 \u0641\u0639\u0627\u0644\u06cc\u062a\u200c\u0647\u0627\u06cc \u062a\u062c\u0627\u0631\u06cc \u0627\u06cc\u062c\u0627\u062f \u0634\u0648\u0646\u062f. \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627\u06cc \u0645\u0631\u0628\u0648\u0637 \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062c\u0631\u06cc\u0627\u0646\u200c\u0647\u0627\u06cc \u0646\u0642\u062f\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0646\u06a9\u0648\u0644<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u062d\u062a\u0645\u0627\u0644\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0648\u0631\u0627\u0642 \u0631\u0647\u0646\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0632 \u0627\u0646\u0648\u0627\u0639 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0628\u0633\u06cc\u0627\u0631 \u0645\u062d\u0628\u0648\u0628 \u0647\u0633\u062a\u0646\u062f. \u0627\u06cc\u0646 \u0646\u0648\u0639 \u0627\u0632 \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627 \u062f\u0631 \u06af\u0630\u0634\u062a\u0647 \u06a9\u0645\u06cc \u0628\u06cc\u0634 \u0627\u0632 \u062d\u062f \u0645\u062d\u0628\u0648\u0628 \u0628\u0648\u062f\u0647\u200c\u0627\u0646\u062f. \u0627\u06cc\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0631\u06cc\u0633\u06a9 \u0637\u0631\u0641 \u0645\u0642\u0627\u0628\u0644<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u0639\u0627\u0645\u0644\u0627\u062a\u06cc \u067e\u0627\u06cc\u0627\u067e\u0627\u06cc\u200c\u0647\u0627 \u0628\u0648\u062f \u06a9\u0647 \u062f\u0631 \u0646\u0647\u0627\u06cc\u062a \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u062d\u0631\u0627\u0646 \u0627\u0639\u062a\u0628\u0627\u0631\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn26\" name=\"_ftnref26\"><sup>[26]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0633\u0627\u0644 2008 \u0645\u0646\u062a\u0647\u06cc \u0634\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d8%ac%d8%b1%db%8c%d8%a7%d9%86-%d9%86%d9%82%d8%af-%d8%a2%d8%b2%d8%a7%d8%af-%da%86%db%8c%d8%b3%d8%aa\/\" target=\"_blank\" rel=\"noopener\">\u062c\u0631\u06cc\u0627\u0646 \u0646\u0642\u062f \u0622\u0632\u0627\u062f \u0686\u06cc\u0633\u062a\u061f<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00a0<strong>\u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d9%85%d8%b4%d8%aa%d9%82%d8%a7%d8%aa-%d9%85%d8%a7%d9%84%db%8c-%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1%d8%a7%d8%aa\/\" target=\"_blank\" rel=\"noopener\">\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0627\u062e\u062a\u06cc\u0627\u0631<\/a><\/span> \u0645\u0634\u0627\u0628\u0647 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0627\u0633\u062a\u060c \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u062a\u0648\u0627\u0641\u0642\u06cc \u0628\u06cc\u0646 \u062f\u0648 \u0637\u0631\u0641 \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u06cc\u0627 \u0641\u0631\u0648\u0634 \u06cc\u06a9 \u062f\u0627\u0631\u0627\u06cc\u06cc \u062f\u0631 \u062a\u0627\u0631\u06cc\u062e\u06cc \u0627\u0632 \u067e\u06cc\u0634 \u062a\u0639\u06cc\u06cc\u0646\u200c\u0634\u062f\u0647 \u062f\u0631 \u0622\u06cc\u0646\u062f\u0647 \u0628\u0647 \u0642\u06cc\u0645\u062a\u06cc \u0645\u0634\u062e\u0635 \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f. \u062a\u0641\u0627\u0648\u062a \u0627\u0635\u0644\u06cc \u0628\u06cc\u0646 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0648 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0622\u062a\u06cc \u062f\u0631 \u0627\u06cc\u0646 \u0627\u0633\u062a \u06a9\u0647 \u0628\u0627 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647\u060c \u062e\u0631\u06cc\u062f\u0627\u0631 \u0645\u0648\u0638\u0641 \u0628\u0647 \u0627\u062c\u0631\u0627\u06cc \u062a\u0648\u0627\u0641\u0642 \u062e\u0648\u062f \u0628\u0631\u0627\u06cc <b>\u062e\u0631\u06cc\u062f<\/b> \u06cc\u0627 <b>\u0641\u0631\u0648\u0634<\/b> \u0646\u06cc\u0633\u062a. \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0628\u0631 \u062e\u0644\u0627\u0641 \u0622\u062a\u06cc\u200c\u0647\u0627 \u06a9\u0647 \u062a\u0639\u0647\u062f \u0627\u06cc\u062c\u0627\u062f \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f \u0641\u0642\u0637 \u06cc\u06a9 <b>\u0641\u0631\u0635\u062a<\/b> \u0647\u0633\u062a\u0646\u062f. \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0627\u0632 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0647\u0645 \u0645\u0627\u0646\u0646\u062f \u0622\u062a\u06cc\u200c\u0647\u0627 \u0628\u0631\u0627\u06cc <b>\u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9<\/b> \u06cc\u0627 <b>\u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc<\/b> \u0631\u0648\u06cc \u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0634\u0648\u062f.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u0646\u06a9\u062a\u0647 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0632 \u0646\u0638\u0631 \u0632\u0645\u0627\u0646\u200c\u0628\u0646\u062f\u06cc\u060c \u062d\u0642 \u0634\u0645\u0627 \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u06cc\u0627 \u0641\u0631\u0648\u0634 \u0648\u0627\u0628\u0633\u062a\u0647 \u0628\u0647 <b>\u0646\u0648\u0639 \u0642\u0631\u0627\u0631\u062f\u0627\u062f<\/b> \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0627\u0633\u062a. \u06cc\u06a9 <b>\u0627\u062e\u062a\u06cc\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc<\/b>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn27\" name=\"_ftnref27\"><sup>[27]<\/sup><\/a><\/span> \u0628\u0647 \u062f\u0627\u0631\u0646\u062f\u06af\u0627\u0646 \u0627\u06cc\u0646 \u0627\u0645\u06a9\u0627\u0646 \u0631\u0627 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 \u0627\u0632 \u062d\u0642\u0648\u0642 \u0627\u062e\u062a\u06cc\u0627\u0631 \u062e\u0648\u062f \u062f\u0631 \u0647\u0631 \u0632\u0645\u0627\u0646\u06cc \u0642\u0628\u0644 \u0648 \u062f\u0631 \u0631\u0648\u0632 <b>\u0627\u0646\u0642\u0636\u0627\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f<\/b> \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0646\u0646\u062f. <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/mag\/encyclopedia\/european-option\/\" target=\"_blank\" rel=\"noopener\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0627\u0631\u0648\u067e\u0627\u06cc\u06cc<\/a><\/span>\u00a0<span style=\"color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn28\" name=\"_ftnref28\"><sup>[28]<\/sup><\/a><\/span> \u0641\u0642\u0637 \u062f\u0631 <b>\u0631\u0648\u0632 \u0627\u0646\u0642\u0636\u0627<\/b> \u0642\u0627\u0628\u0644 \u0627\u062c\u0631\u0627 \u0627\u0633\u062a. \u0628\u06cc\u0634\u062a\u0631 <b>\u0633\u0647\u0627\u0645<\/b> \u0648 <b>\u0635\u0646\u062f\u0648\u0642\u200c\u0647\u0627\u06cc \u0642\u0627\u0628\u0644 \u0645\u0639\u0627\u0645\u0644\u0647<\/b> \u062f\u0631 \u0628\u0648\u0631\u0633 \u062f\u0627\u0631\u0627\u06cc <span style=\"color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/mag\/encyclopedia\/american-option\/\" target=\"_blank\" rel=\"noopener\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc<\/a><\/span> \u0647\u0633\u062a\u0646\u062f \u062f\u0631 \u062d\u0627\u0644\u06cc \u06a9\u0647 <b>\u0634\u0627\u062e\u0635\u200c\u0647\u0627\u06cc \u0633\u0647\u0627\u0645<\/b> \u0634\u0627\u0645\u0644 S&amp;P 500 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0627\u0631\u0648\u067e\u0627\u06cc\u06cc \u062f\u0627\u0631\u0646\u062f.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u0645\u062b\u0627\u0644 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">\u062a\u0635\u0648\u0631 \u06a9\u0646\u06cc\u062f \u06cc\u06a9 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u062f\u0627\u0631\u0627\u06cc \u06f1\u06f0\u06f0 \u0633\u0647\u0645 \u0627\u0632 \u06cc\u06a9 \u0633\u0647\u0627\u0645 \u0628\u0647 \u0642\u06cc\u0645\u062a \u0647\u0631 \u0633\u0647\u0645 \u06f5\u06f0 \u062f\u0644\u0627\u0631 \u0627\u0633\u062a. \u0648\u06cc \u0645\u0639\u062a\u0642\u062f \u0627\u0633\u062a \u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645 \u062f\u0631 \u0622\u06cc\u0646\u062f\u0647 \u0627\u0641\u0632\u0627\u06cc\u0634 \u062e\u0648\u0627\u0647\u062f \u06cc\u0627\u0641\u062a. \u0628\u0627 \u0627\u06cc\u0646 \u062d\u0627\u0644 \u0627\u06cc\u0646 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0646\u06af\u0631\u0627\u0646 <b>\u0631\u06cc\u0633\u06a9\u200c\u0647\u0627\u06cc \u0627\u062d\u062a\u0645\u0627\u0644\u06cc<\/b> \u0627\u0633\u062a \u0648 \u062a\u0635\u0645\u06cc\u0645 \u0645\u06cc\u200c\u06af\u06cc\u0631\u062f \u0631\u06cc\u0633\u06a9 \u0645\u0648\u0642\u0639\u06cc\u062a \u0645\u0639\u0627\u0645\u0644\u0627\u062a\u06cc \u062e\u0648\u062f \u0631\u0627 \u0628\u0627 \u06cc\u06a9 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u067e\u0648\u0634\u0634 \u062f\u0647\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u06cc\u06a9 <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1-%d9%81%d8%b1%d9%88%d8%b4-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0641\u0631\u0648\u0634<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn29\" name=\"_ftnref29\"><sup>[29]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u062e\u0631\u062f \u06a9\u0647 \u0628\u0647 \u0648\u06cc \u0627\u06cc\u0646 \u062d\u0642 \u0631\u0627 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 100 \u0633\u0647\u0645 \u0627\u0632 \u0633\u0647\u0627\u0645 \u067e\u0627\u06cc\u0647 \u0631\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a 50 \u062f\u0644\u0627\u0631 \u0628\u0647 \u0627\u0632\u0627\u06cc \u0647\u0631 \u0633\u0647\u0645\u060c <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d9%82%db%8c%d9%85%d8%aa-%d8%a7%d8%b9%d9%85%d8%a7%d9%84-%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1-%d9%85%d8%b9%d8%a7%d9%85%d9%84%d9%87-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0642\u06cc\u0645\u062a \u0627\u0639\u0645\u0627\u0644<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u060c \u062a\u0627 \u06cc\u06a9 \u0631\u0648\u0632 \u0645\u0634\u062e\u0635 \u062f\u0631 \u0622\u06cc\u0646\u062f\u0647\u060c \u06a9\u0647 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u062a\u0627\u0631\u06cc\u062e \u0627\u0646\u0642\u0636\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0634\u0646\u0627\u062e\u062a\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f\u060c \u0628\u0641\u0631\u0648\u0634\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f \u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645 \u062f\u0631 \u062a\u0627\u0631\u06cc\u062e \u0627\u0646\u0642\u0636\u0627 \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">40 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0631\u0627\u06cc \u0647\u0631 \u0633\u0647\u0645 \u06a9\u0627\u0647\u0634 \u06cc\u0627\u0628\u062f \u0648 \u062e\u0631\u06cc\u062f\u0627\u0631 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0641\u0631\u0648\u0634 \u062a\u0635\u0645\u06cc\u0645 \u0645\u06cc\u200c\u06af\u06cc\u0631\u062f \u0627\u062e\u062a\u06cc\u0627\u0631 \u062e\u0648\u062f \u0631\u0627 \u0627\u0639\u0645\u0627\u0644 \u06a9\u0646\u062f \u0648 \u0633\u0647\u0627\u0645 \u0631\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a \u0627\u0639\u0645\u0627\u0644 \u0627\u0635\u0644\u06cc 50 \u062f\u0644\u0627\u0631 \u0628\u0631\u0627\u06cc \u0647\u0631 \u0633\u0647\u0645 \u0628\u0641\u0631\u0648\u0634\u062f. \u0627\u06af\u0631 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0631\u0627 200 \u062f\u0644\u0627\u0631 \u062e\u0631\u06cc\u062f\u0647 \u0628\u0627\u0634\u062f\u060c \u062f\u0631 \u0627\u06cc\u0646 \u0635\u0648\u0631\u062a \u0648\u06cc \u0641\u0642\u0637 \u0647\u0632\u06cc\u0646\u0647 \u0627\u06cc\u0646 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u062f\u0627\u062f\u0647 \u0627\u0633\u062a \u0632\u06cc\u0631\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0642\u06cc\u0645\u062a \u0627\u0639\u0645\u0627\u0644<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn30\" name=\"_ftnref30\"><sup>[30]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0631\u0627\u0628\u0631 \u0628\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062f\u0631 \u0632\u0645\u0627\u0646 \u062e\u0631\u06cc\u062f \u0627\u0648\u0644\u06cc\u0647 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u0628\u0648\u062f\u0647 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u0627\u0633\u062a\u0631\u0627\u062a\u0698\u06cc\u060c <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u0641\u0631\u0648\u0634 \u0645\u062d\u0627\u0641\u0638\u062a\u200c\u0634\u062f\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn31\" name=\"_ftnref31\"><sup>[31]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0646\u0627\u0645\u06cc\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f\u060c \u0632\u06cc\u0631\u0627 \u0631\u06cc\u0633\u06a9 \u0646\u0632\u0648\u0644 \u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645 \u0631\u0627 \u067e\u0648\u0634\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u06cc \u062f\u06cc\u06af\u0631\u060c \u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f \u06cc\u06a9 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0645\u0627\u0644\u06a9 \u0633\u0647\u0627\u0645\u06cc \u06a9\u0647 \u0642\u06cc\u0645\u062a \u0622\u0646 50 \u062f\u0644\u0627\u0631 \u0628\u0647 \u0627\u0632\u0627\u06cc \u0647\u0631 \u0633\u0647\u0645 \u0627\u0633\u062a \u0646\u0628\u0627\u0634\u062f \u0648 \u0645\u0639\u062a\u0642\u062f \u0628\u0627\u0634\u062f \u0642\u06cc\u0645\u062a \u0622\u0646 \u0637\u06cc \u0645\u0627\u0647 \u0622\u06cc\u0646\u062f\u0647 \u0627\u0641\u0632\u0627\u06cc\u0634 \u062e\u0648\u0627\u0647\u062f \u06cc\u0627\u0641\u062a. \u0627\u06cc\u0646 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u06cc\u06a9 <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%a7%d8%ae%d8%aa%db%8c%d8%a7%d8%b1-%d8%ae%d8%b1%db%8c%d8%af-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u062e\u0631\u06cc\u062f<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u062e\u0631\u062f \u06a9\u0647 \u0628\u0647 \u0627\u0648 \u0627\u06cc\u0646 \u062d\u0642 \u0631\u0627 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 \u062f\u0631 \u0632\u0645\u0627\u0646 \u0642\u0628\u0644 \u0627\u0632 \u06cc\u0627 \u0627\u0646\u0642\u0636\u0627\u060c \u0633\u0647\u0627\u0645 \u0631\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a 50 \u062f\u0644\u0627\u0631 \u062e\u0631\u06cc\u062f\u0627\u0631\u06cc \u06a9\u0646\u062f. \u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f \u0627\u06cc\u0646 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">200 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u062f \u0648 \u0633\u0647\u0627\u0645 \u0642\u0628\u0644 \u0627\u0632 \u0627\u0646\u0642\u0636\u0627 \u0628\u0647 \u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645 \u0628\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">60 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0641\u062a\u0647 \u0627\u0633\u062a. \u062e\u0631\u06cc\u062f\u0627\u0631 \u0627\u06a9\u0646\u0648\u0646 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u0627\u0632 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647 \u062e\u0648\u062f \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0646\u062f \u0648 \u0633\u0647\u0627\u0645\u06cc \u0628\u0647 \u0642\u06cc\u0645\u062a 60 \u062f\u0644\u0627\u0631 \u0628\u0647 \u0627\u0632\u0627\u06cc \u0647\u0631 \u0633\u0647\u0645 \u0631\u0627 \u0628\u0627 \u0642\u06cc\u0645\u062a \u0627\u0639\u0645\u0627\u0644 50 \u062f\u0644\u0627\u0631 \u0628\u0631\u0627\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0633\u0648\u062f \u0627\u0648\u0644\u06cc\u0647 10 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0647 \u0627\u0632\u0627\u06cc \u0647\u0631 \u0633\u0647\u0645 \u062e\u0631\u06cc\u062f\u0627\u0631\u06cc \u06a9\u0646\u062f. \u06cc\u06a9 \u0627\u062e\u062a\u06cc\u0627\u0631 \u062e\u0631\u06cc\u062f \u0646\u0634\u0627\u0646\u200c\u062f\u0647\u0646\u062f\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">100 \u0633\u0647\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0633\u062a \u0628\u0646\u0627\u0628\u0631\u0627\u06cc\u0646 \u0633\u0648\u062f \u0648\u0627\u0642\u0639\u06cc <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">1000 \u062f\u0644\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0645\u06cc\u200c\u0634\u0648\u062f \u06a9\u0647 \u06a9\u0645\u062a\u0631 \u0627\u0632 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0647\u0632\u06cc\u0646\u0647 \u062e\u0631\u06cc\u062f \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u060c \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0631\u06cc\u0645\u06cc\u0648\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn32\" name=\"_ftnref32\"><sup>[32]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648 \u0647\u0631\u06af\u0648\u0646\u0647 \u0647\u0632\u06cc\u0646\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u06a9\u0627\u0631\u0645\u0632\u062f \u06a9\u0627\u0631\u06af\u0632\u0627\u0631\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0633\u062a.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0631 \u0647\u0631 \u062f\u0648 \u0645\u062b\u0627\u0644\u060c \u062f\u0631 \u0635\u0648\u0631\u062a \u062f\u0631\u062e\u0648\u0627\u0633\u062a \u062e\u0631\u06cc\u062f\u0627\u0631\u0627\u0646 \u0628\u0631\u0627\u06cc \u0627\u062c\u0631\u0627\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0641\u0631\u0648\u0634\u0646\u062f\u06af\u0627\u0646 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0645\u0648\u0638\u0641<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u0647 \u0627\u062c\u0631\u0627\u06cc \u062a\u0639\u0647\u062f\u0627\u062a \u0637\u0631\u0641 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u062e\u0648\u062f \u0647\u0633\u062a\u0646\u062f. \u0628\u0627 \u0627\u06cc\u0646 \u062d\u0627\u0644 \u0627\u06af\u0631 \u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645 \u062f\u0631 \u0632\u0645\u0627\u0646 \u0627\u0646\u0642\u0636\u0627 \u0628\u0627\u0644\u0627\u062a\u0631 \u0627\u0632 \u0642\u06cc\u0645\u062a \u0627\u0639\u0645\u0627\u0644 \u0628\u0627\u0634\u062f \u0627\u062e\u062a\u06cc\u0627\u0631 \u0641\u0631\u0648\u0634 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u06cc\u200c\u0627\u0631\u0632\u0634<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u062e\u0648\u0627\u0647\u062f \u0628\u0648\u062f \u0648 \u0641\u0631\u0648\u0634\u0646\u062f\u0647 (\u0635\u0627\u062f\u0631\u06a9\u0646\u0646\u062f\u0647 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0645\u0639\u0627\u0645\u0644\u0647) \u0647\u0632\u06cc\u0646\u0647 \u062e\u0631\u06cc\u062f \u0627\u062e\u062a\u06cc\u0627\u0631 \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0631\u06cc\u0645\u06cc\u0648\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0622\u0646 \u0631\u0627 \u0647\u0645\u0632\u0645\u0627\u0646 \u0628\u0627 \u0627\u0646\u0642\u0636\u0627\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0646\u06af\u0647 \u0645\u06cc\u200c\u062f\u0627\u0631\u062f. \u0627\u06af\u0631 \u0642\u06cc\u0645\u062a \u0633\u0647\u0627\u0645 \u062f\u0631 \u0627\u0646\u0642\u0636\u0627 \u06a9\u0645\u062a\u0631 \u0627\u0632 \u0642\u06cc\u0645\u062a \u0627\u0639\u0645\u0627\u0644 \u0628\u0627\u0634\u062f\u060c <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062e\u062a\u06cc\u0627\u0631 \u062e\u0631\u06cc\u062f<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn33\" name=\"_ftnref33\"><sup>[33]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u06cc\u200c\u0627\u0631\u0632\u0634 \u062e\u0648\u0627\u0647\u062f \u0628\u0648\u062f \u0648 \u0641\u0631\u0648\u0634\u0646\u062f\u0647 \u0627\u062e\u062a\u06cc\u0627\u0631 \u062e\u0631\u06cc\u062f \u0647\u0632\u06cc\u0646\u0647 \u0627\u062e\u062a\u06cc\u0627\u0631 \u06cc\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u067e\u0631\u06cc\u0645\u06cc\u0648\u0645<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u062d\u0641\u0638 \u0645\u06cc\u200c\u06a9\u0646\u062f.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d8%b1%d8%a7%db%8c%da%af%d8%a7%d9%86-%d8%aa%d8%ad%d9%84%db%8c%d9%84-%d8%aa%da%a9%d9%86%db%8c%da%a9%d8%a7%d9%84\/\" target=\"_blank\" rel=\"noopener\">\u0622\u0645\u0648\u0632\u0634 \u062a\u062d\u0644\u06cc\u0644 \u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"https:\/\/econclinic.com\/wp-content\/uploads\/2023\/08\/%DA%A9%D9%84%DB%8C%D9%86%DB%8C%DA%A9-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%AF%DA%A9%D8%AA%D8%B1-%D8%B3%D8%B9%D8%AF%D9%88%D9%86%D8%AF%DB%8C-%D8%A7%D9%86%D9%88%D8%A7%D8%B9-%D8%AF%D8%A7%D8%B1%D8%A7%DB%8C%DB%8C-%D9%87%D8%A7%DB%8C-%D9%BE%D8%A7%DB%8C%D9%87-%D9%85%D8%B4%D8%AA%D9%82%D8%A7%D8%AA-%D9%85%D8%A7%D9%84%DB%8C.webp\" alt=\"\u0627\u0646\u0648\u0627\u0639 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u067e\u0627\u06cc\u0647 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc\u060c \u0628\u062e\u0634\u06cc \u0627\u0632 \u0645\u0642\u0627\u0644\u0647 \u062c\u0627\u0645\u0639 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u06cc\u0627 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0686\u06cc\u0633\u062a\u061f \u06a9\u0644\u06cc\u0646\u06cc\u06a9 \u0627\u0642\u062a\u0635\u0627\u062f \u062f\u06a9\u062a\u0631 \u0633\u0639\u062f\u0648\u0646\u062f\u06cc\" loading=\"lazy\" decoding=\"async\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0645\u0632\u0627\u06cc\u0627 \u0648 \u0645\u0639\u0627\u06cc\u0628 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u0645\u0632\u0627\u06cc\u0627<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">\u0647\u0645\u0627\u0646\u0637\u0648\u0631 \u06a9\u0647 \u0645\u062b\u0627\u0644\u200c\u0647\u0627\u06cc \u0628\u0627\u0644\u0627 \u0646\u0634\u0627\u0646 \u0645\u06cc\u200c\u062f\u0647\u0646\u062f \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0627\u0628\u0632\u0627\u0631 \u0645\u0641\u06cc\u062f\u06cc \u0628\u0631\u0627\u06cc <b>\u06a9\u0633\u0628\u200c\u0648\u06a9\u0627\u0631\u0647\u0627<\/b> \u0648 <b>\u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646<\/b> \u0628\u0627\u0634\u0646\u062f \u0648 \u0631\u0627\u0647\u06cc \u0628\u0631\u0627\u06cc \u0627\u0646\u062c\u0627\u0645 \u0645\u0648\u0627\u0631\u062f \u0632\u06cc\u0631 \u0627\u0631\u0627\u0626\u0647 \u0645\u06cc\u200c\u062f\u0647\u0646\u062f:<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">1- <b>\u0642\u0641\u0644 \u06a9\u0631\u062f\u0646 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627<br><\/b><\/span><span style=\"font-size: 20px\"><span style=\"text-align: var(--text-align)\">2- <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align)\">\u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9<\/b><span style=\"text-align: var(--text-align)\"> \u062f\u0631 \u0628\u0631\u0627\u0628\u0631 <\/span><span style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align)\">\u062a\u063a\u06cc\u06cc\u0631\u0627\u062a \u0646\u0627\u0645\u0637\u0644\u0648\u0628<\/span><span style=\"text-align: var(--text-align)\"> \u062f\u0631 <b>\u0646\u0631\u062e\u200c\u0647\u0627<br><\/b><\/span><\/span><span style=\"font-size: 20px\">3- <b>\u06a9\u0627\u0647\u0634 \u0631\u06cc\u0633\u06a9<\/b><\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 20px\">\u0627\u06cc\u0646 \u0645\u0632\u0627\u06cc\u0627 \u0627\u063a\u0644\u0628 \u0628\u0627 <b>\u0647\u0632\u06cc\u0646\u0647 \u0645\u062d\u062f\u0648\u062f\u06cc<\/b> \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0647\u0645\u0631\u0627\u0647 \u0628\u0627\u0634\u0646\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0631\u0627 \u0646\u06cc\u0632 \u0627\u063a\u0644\u0628 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0628\u0627 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0648\u062c\u0647 \u062a\u0636\u0645\u06cc\u0646<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (Margin) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn34\" name=\"_ftnref34&gt;&lt;sup&gt;%5B34%5D&lt;\/sup&gt;&lt;\/a&gt;&lt;\/span&gt;%20%D8%AE%D8%B1%DB%8C%D8%AF%D8%A7%D8%B1%DB%8C%20%DA%A9%D8%B1%D8%AF%D8%8C%20%D8%A8%D9%87%20%D8%A7%DB%8C%D9%86%20%D9%85%D8%B9%D9%86%DB%8C%20%DA%A9%D9%87%20%D9%85%D8%B9%D8%A7%D9%85%D9%84%D9%87%E2%80%8C%DA%AF%D8%B1%D8%A7%D9%86%20%D8%A7%D8%B2%20%D9%88%D8%AC%D9%88%D9%87%20%D9%82%D8%B1%D8%B6%20%DA%AF%D8%B1%D9%81%D8%AA%D9%87%20%D8%B4%D8%AF%D9%87%20%D8%A8%D8%B1%D8%A7%DB%8C%20%D8%AE%D8%B1%DB%8C%D8%AF%20%D8%A2%D9%86%E2%80%8C%D9%87%D8%A7%20%D8%A7%D8%B3%D8%AA%D9%81%D8%A7%D8%AF%D9%87%20%D9%85%DB%8C%E2%80%8C%DA%A9%D9%86%D9%86%D8%AF%20%DA%A9%D9%87%20%D8%A8%D8%A7%D8%B9%D8%AB%20%D9%85%DB%8C%E2%80%8C%D8%B4%D9%88%D8%AF%20%D8%AD%D8%AA%DB%8C%20%D8%A7%D8%B1%D8%B2%D8%A7%D9%86%E2%80%8C%D8%AA%D8%B1%20%D8%A8%D8%A7%D8%B4%D9%86%D8%AF.&lt;\/span&gt;&lt;\/p&gt;%20&lt;h3&gt;&lt;strong&gt;%D9%85%D8%B9%D8%A7%DB%8C%D8%A8&lt;\/strong&gt;&lt;\/h3&gt;%20&lt;p&gt;&lt;b&gt;%D8%A7%D8%B1%D8%B2%D8%B4%E2%80%8C%D8%B3%D9%86%D8%AC%DB%8C&lt;\/b&gt;%20%D9%85%D8%B4%D8%AA%D9%82%D8%A7%D8%AA%20%D8%A8%D9%87%20%D8%AF%D9%84%DB%8C%D9%84%20%D8%A7%DB%8C%D9%86%E2%80%8C%DA%A9%D9%87%20%D8%A8%D8%B1%20%D8%A7%D8%B3%D8%A7%D8%B3%20%D9%82%DB%8C%D9%85%D8%AA%20%D8%AF%D8%A7%D8%B1%D8%A7%DB%8C%DB%8C%20%D8%AF%DB%8C%DA%AF%D8%B1%DB%8C%20%D9%87%D8%B3%D8%AA%D9%86%D8%AF%20%D8%AF%D8%B4%D9%88%D8%A7%D8%B1%20%D8%A7%D8%B3%D8%AA.%20%D8%B1%DB%8C%D8%B3%DA%A9%E2%80%8C%D9%87%D8%A7%DB%8C%20%D9%85%D8%B4%D8%AA%D9%82%D8%A7%D8%AA%20%D9%85%D8%A7%D9%84%DB%8C%20&lt;b&gt;%D8%AE%D8%A7%D8%B1%D8%AC%20%D8%A7%D8%B2%20%D8%A8%D9%88%D8%B1%D8%B3&lt;\/b&gt;%20%D8%B4%D8%A7%D9%85%D9%84%20&lt;b&gt;%D8%B1%DB%8C%D8%B3%DA%A9%E2%80%8C%D9%87%D8%A7%DB%8C%20%D8%B7%D8%B1%D9%81%20%D9%85%D9%82%D8%A7%D8%A8%D9%84&lt;\/b&gt;%20%D8%A7%D8%B3%D8%AA%20%DA%A9%D9%87%20&lt;b&gt;%D9%BE%DB%8C%D8%B4%E2%80%8C%D8%A8%DB%8C%D9%86%DB%8C&lt;\/b&gt;%20%DB%8C%D8%A7%20&lt;b&gt;%D8%A7%D8%B1%D8%B2%D8%B4%E2%80%8C%D8%B3%D9%86%D8%AC%DB%8C&lt;\/b&gt;%C2%A0&lt;span%20style=\"><\/a><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn35\" name=\"_ftnref35\"><sup>[35]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0622\u0646 \u062f\u0634\u0648\u0627\u0631 \u0627\u0633\u062a. \u0628\u06cc\u0634\u062a\u0631 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0628\u0647 \u0645\u0648\u0627\u0631\u062f \u0632\u06cc\u0631 \u0646\u06cc\u0632 \u062d\u0633\u0627\u0633 \u0647\u0633\u062a\u0646\u062f:<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1- \u062a\u063a\u06cc\u06cc\u0631\u0627\u062a \u062f\u0631 \u0628\u0627\u0632\u0647 \u0632\u0645\u0627\u0646 \u062a\u0627 <b>\u0627\u0646\u0642\u0636\u0627\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f<\/b><br>2- <b>\u0647\u0632\u06cc\u0646\u0647 \u0646\u06af\u0647\u062f\u0627\u0631\u06cc<\/b> \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647<br>3- <b>\u0646\u0631\u062e\u200c\u0647\u0627\u06cc \u0628\u0647\u0631\u0647<\/b><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u06cc\u0646 \u0645\u062a\u063a\u06cc\u0631\u0647\u0627 \u06a9\u0634\u0641 \u0627\u0631\u0632\u0634 \u06cc\u06a9 \u0645\u0634\u062a\u0642\u0647 \u0628\u0627 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u0631\u0627 \u062f\u0634\u0648\u0627\u0631 \u0645\u06cc\u200c\u06a9\u0646\u062f.<br><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0632 \u0622\u0646\u062c\u0627\u06cc\u06cc \u06a9\u0647 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u0631\u0632\u0634 \u0630\u0627\u062a\u06cc<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn36\" name=\"_ftnref36\"><sup>[36]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0646\u062f\u0627\u0631\u062f (\u0627\u0631\u0632\u0634 \u0622\u0646 \u0641\u0642\u0637 \u0627\u0632 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u0645\u06cc\u200c\u0622\u06cc\u062f) \u062f\u0631 \u0628\u0631\u0627\u0628\u0631 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0627\u062d\u0633\u0627\u0633\u0627\u062a \u0628\u0627\u0632\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> (Market Sentiment) <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn37\" name=\"_ftnref37\"><sup>[37]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0648 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0631\u06cc\u0633\u06a9 \u0628\u0627\u0632\u0627\u0631<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn38\" name=\"_ftnref38\"><sup>[38]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0622\u0633\u06cc\u0628\u200c\u067e\u0630\u06cc\u0631 \u0627\u0633\u062a. \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0639\u0648\u0627\u0645\u0644 <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0639\u0631\u0636\u0647 \u0648 \u062a\u0642\u0627\u0636\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0628\u062f\u0648\u0646 \u062a\u0648\u062c\u0647 \u0628\u0647 \u0627\u06cc\u0646\u06a9\u0647 \u062f\u0631 \u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 \u0686\u0647 \u0627\u062a\u0641\u0627\u0642\u06cc \u0645\u06cc\u200c\u0627\u0641\u062a\u062f \u0628\u0627\u0639\u062b \u0627\u0641\u0632\u0627\u06cc\u0634 \u0648 \u06a9\u0627\u0647\u0634 \u0642\u06cc\u0645\u062a \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0648 <\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff\" href=\"https:\/\/econclinic.com\/%d8%b1%db%8c%d8%b3%da%a9-%d9%86%d9%82%d8%af%db%8c%d9%86%da%af%db%8c-%da%86%db%8c%d8%b3%d8%aa%d8%9f\/\" target=\"_blank\" rel=\"noopener\">\u0646\u0642\u062f\u067e\u0630\u06cc\u0631\u06cc<\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u00a0<\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px;color: #3366ff\"><a style=\"color: #3366ff;font-size: 14px\" href=\"#_ftn39\" name=\"_ftnref39\"><sup>[39]<\/sup><\/a><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0622\u0646 \u0634\u0648\u0646\u062f.<br><\/span><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\">\u062f\u0631 \u0646\u0647\u0627\u06cc\u062a\u060c \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0627\u0628\u0632\u0627\u0631\u0647\u0627\u06cc \u0627\u0647\u0631\u0645\u06cc \u0647\u0633\u062a\u0646\u062f \u0648 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u0627\u0647\u0631\u0645 \u0645\u0627\u0646\u0646\u062f <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0634\u0645\u0634\u06cc\u0631 \u062f\u0648 \u0644\u0628\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0627\u0633\u062a. \u0647\u0645 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0628\u0627\u0632\u062f\u0647<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0631\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u062f\u0647\u062f \u0648 \u0647\u0645\u0686\u0646\u06cc\u0646 \u0628\u0627\u0639\u062b \u0645\u06cc\u200c\u0634\u0648\u062f <\/span><b style=\"font-family: inherit;font-style: inherit;text-align: var(--text-align);letter-spacing: -0.05px\">\u0636\u0631\u0631\u0647\u0627<\/b><span style=\"font-size: 20px;text-align: var(--text-align);letter-spacing: -0.05px\"> \u0633\u0631\u06cc\u0639\u062a\u0631 \u0627\u0641\u0632\u0627\u06cc\u0634 \u06cc\u0627\u0628\u0646\u062f.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u0646\u0642\u0627\u0637 \u0642\u0648\u062a<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1- \u0642\u0641\u0644 \u06a9\u0631\u062f\u0646 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627<br>2- \u067e\u0648\u0634\u0634 \u0631\u06cc\u0633\u06a9<br>3- \u0627\u0647\u0631\u0645 \u06a9\u0631\u062f\u0646 \u0645\u0639\u0627\u0645\u0644\u0627\u062a<br>4- <b>\u0645\u062a\u0646\u0648\u0639 \u0633\u0627\u0632\u06cc \u067e\u0631\u062a\u0641\u0648\u06cc<\/b><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u0646\u0642\u0627\u0637 \u0636\u0639\u0641<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1- <b>\u0627\u0631\u0632\u0634\u200c\u0633\u0646\u062c\u06cc<\/b> \u062f\u0634\u0648\u0627\u0631<br>2- \u0645\u0634\u0631\u0648\u0637 \u0628\u0647 \u0646\u06a9\u0648\u0644 \u0637\u0631\u0641 \u0645\u0642\u0627\u0628\u0644 \u0645\u0639\u0627\u0645\u0644\u0647 (\u062f\u0631 \u0628\u0627\u0632\u0627\u0631\u0647\u0627\u06cc \u062e\u0627\u0631\u062c \u0627\u0632 \u0628\u0648\u0631\u0633)<br>3- \u062f\u0631\u06a9 \u067e\u06cc\u0686\u06cc\u062f\u0647<br>4- \u062d\u0633\u0627\u0633 \u0628\u0647 \u0639\u0648\u0627\u0645\u0644 \u0639\u0631\u0636\u0647 \u0648 \u062a\u0642\u0627\u0636\u0627<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 22px\"><strong>\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: <span style=\"color: #130170\"><a style=\"color: #130170;font-size: 22px\" href=\"https:\/\/econclinic.com\/mag\/encyclopedia\/sales-to-working-capital-ratio\/\" target=\"_blank\" rel=\"noopener\">\u0646\u0633\u0628\u062a \u0641\u0631\u0648\u0634 \u0628\u0647 \u0633\u0631\u0645\u0627\u06cc\u0647 \u062f\u0631 \u06af\u0631\u062f\u0634<\/a><\/span><\/strong><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0633\u0648\u0627\u0644\u0627\u062a \u0645\u062a\u062f\u0627\u0648\u0644 \u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1788938972474\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">u003cstrongu003e\u0645\u0634\u062a\u0642\u0627\u062a \u0645\u0627\u0644\u06cc \u0686\u06cc\u0633\u062a\u061fu003c\/strongu003e<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>u003cpu003e\u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0627\u0631\u0632\u0634 \u0622\u0646 \u0648\u0627\u0628\u0633\u062a\u0647 \u0628\u0647 \u06cc\u0627 \u0645\u0634\u062a\u0642 \u0627\u0632 \u06cc\u06a9 u003cbu003e\u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647u003c\/bu003e \u0627\u0633\u062a. \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c u003cbu003e\u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0622\u062a\u06cc \u0646\u0641\u062au003c\/bu003e \u0646\u0648\u0639\u06cc \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0627\u0633\u062a 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href=u0022#_ftn41u0022 name=u0022_ftnref41u0022u003eu003csupu003e[41]u003c\/supu003eu003c\/au003eu003c\/spanu003e \u0634\u0648\u0646\u062f.u003c\/pu003enu003cpu003e\u0645\u0646\u0628\u0639: u003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/d\/derivative.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eInvestopediau003c\/au003eu003c\/spanu003eu003c\/pu003enu003cpu003eu003cstrongu003eu003cspan style=u0022font-size: 22pxu0022u003e\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f:u003cspan style=u0022color: #130170u0022u003e\u00a0u003ca style=u0022color: #130170;font-size: 22pxu0022 href=u0022https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d8%a8%d9%88%d8%b1%d8%b3\/u0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003e\u0622\u0645\u0648\u0632\u0634 \u0628\u0648\u0631\u0633 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rel=u0022noopeneru0022u003eu003csupu003eSpeculation (Wikipedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref5u0022 name=u0022_ftn5u0022u003eu003csupu003e[5]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/f\/futures.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eFutures (Investopedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref6u0022 name=u0022_ftn6u0022u003eu003csupu003e[6]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/f\/forwardcontract.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eForward Contracts (Investopedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref7u0022 name=u0022_ftn7u0022u003eu003csupu003e[7]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/o\/option.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eOption (Investopedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref8u0022 name=u0022_ftn8u0022u003eu003csupu003e[8]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/s\/swap.aspu0022 target=u0022_blanku0022 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style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref21u0022 name=u0022_ftn21u0022u003eu003csupu003e[38]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/m\/marketrisk.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eMarket Risk (Wikipedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref21u0022 name=u0022_ftn21u0022u003eu003csupu003e[39]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/economictimes.indiatimes.com\/definition\/liquidityu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eLiquidity (The Economic Times)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref21u0022 name=u0022_ftn21u0022u003eu003csupu003e[40]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/c\/creditdefaultswap.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eCredit Default Swap (Investopedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003eu003cp style=u0022direction: ltru0022u003eu003cspan style=u0022color: #3366ffu0022u003eu003ca style=u0022color: #3366ffu0022 href=u0022#_ftnref21u0022 name=u0022_ftn21u0022u003eu003csupu003e[41]u003c\/supu003eu003c\/au003e\u00a0 \u00a0u003ca style=u0022color: #3366ffu0022 href=u0022https:\/\/www.investopedia.com\/terms\/s\/systemic-risk.aspu0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003eu003csupu003eSystemic Risk (Investopedia)u003c\/supu003eu003c\/au003eu003c\/spanu003eu003c\/pu003enu003cpu003eu003cstrongu003eu003cspan style=u0022font-size: 22pxu0022u003e\u0628\u06cc\u0634\u062a\u0631 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f: u003cspan style=u0022color: #130170u0022u003eu003ca style=u0022color: #130170;font-size: 22pxu0022 href=u0022https:\/\/econclinic.com\/%d8%b1%db%8c%d8%b3%da%a9-%d9%87%d8%a7%db%8c-%d9%85%d8%a7%d9%84%db%8c-%d9%88-%d8%a7%d9%86%d9%88%d8%a7%d8%b9-%d8%a2%d9%86\/u0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003e\u0627\u0646\u0648\u0627\u0639 \u0631\u06cc\u0633\u06a9\u200c\u0647\u0627\u06cc \u0645\u0627\u0644\u06ccu003c\/au003eu003c\/spanu003eu003c\/spanu003eu003c\/strongu003eu003c\/pu003enn<aside class=\"ec-cc\" role=\"complementary\" aria-label=\"\u0622\u0645\u0648\u0632\u0634 \u0641\u0627\u0631\u06a9\u0633\">\n\t\t<a class=\"ec-cc__thumb\" href=\"https:\/\/econclinic.com\/%d8%a2%d9%85%d9%88%d8%b2%d8%b4-%d9%81%d8%a7%d8%b1%da%a9%d8%b3\/\" tabindex=\"-1\" aria-hidden=\"true\"><img class=\"ec-cc__img\" 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href=u0022https:\/\/B2n.ir\/q78156u0022 target=u0022_blanku0022 rel=u0022noopeneru0022u003ehttps:\/\/B2n.ir\/q78156u003c\/au003eu003c\/spanu003eu003c\/spanu003enu003cp class=u0022econ-course-ctau0022u003eu003cstrongu003e\u0645\u06cc\u200c\u062e\u0648\u0627\u0647\u06cc\u062f \u0639\u0645\u06cc\u0642\u200c\u062a\u0631 \u06cc\u0627\u062f \u0628\u06af\u06cc\u0631\u06cc\u062f\u061fu003c\/strongu003e u003ca href=u0022https:\/\/econclinic.com\/%d8%a8%d8%a7%d8%b2%d8%a7%d8%b1%d9%87%d8%a7%db%8c-%d9%be%d9%88%d9%84%db%8c-%d8%ac%d9%87%d8%a7%d9%86-%d8%af%d9%88%d8%b1%d9%87-%d8%ac%d8%a7%d9%85%d8%b9-%d9%be%d9%88%d9%84\/u0022u003e\u062f\u0648\u0631\u0647\u0654 \u062c\u0627\u0645\u0639 \u0633\u06cc\u0627\u0633\u062a\u200c\u06af\u0630\u0627\u0631\u06cc \u067e\u0648\u0644\u06ccu003c\/au003e \u2014 \u0633\u0627\u0632\u0648\u06a9\u0627\u0631 \u0628\u0627\u0646\u06a9 \u0645\u0631\u06a9\u0632\u06cc\u060c \u0627\u0628\u0632\u0627\u0631\u0647\u0627\u06cc \u0633\u06cc\u0627\u0633\u062a \u067e\u0648\u0644\u06cc \u0648 \u0627\u062b\u0631\u0634\u0627\u0646 \u0628\u0631 \u0628\u0627\u0632\u0627\u0631\u0647\u0627\u06cc \u0645\u0627\u0644\u06cc.u003c\/pu003e<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\r\n\t\t<div class=\"review_wrap\">\r\n\t\t\t<div id=\"review-box\" class=\"review-box review-bottom review-stars\"><h2 class=\"review-box-header the-global-title\">\u0628\u0647 \u0627\u06cc\u0646 \u0645\u0637\u0644\u0628 \u0627\u0645\u062a\u06cc\u0627\u0632 \u062f\u0647\u06cc\u062f<\/h2>\r\n\t\t\t\t<div class=\"review-summary\">\r\n\t\t\t\t\t<div class=\"review-final-score\">\r\n\t\t\t\t\t\t<span title=\"\" class=\"post-large-rate stars-large\"><span style=\"width:0%\"><\/span><\/span>\r\n\t\t\t\t\t\t\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\r\n\t\t\t\t<div class=\"review-short-summary\">\r\n\t\t\t\t<\/div>\r\n\t\t\t<\/div>\r\n\t\t\t\r\n\t\t\t<div class=\"user-rate-wrap\">\r\n\t\t\t\t<span class=\"user-rating-text\">\r\n\t\t\t\t\t<strong>\u0627\u0645\u062a\u06cc\u0627\u0632 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\u0622\u0646\u0686\u0647 \u0634\u0645\u0627 \u0628\u0627\u06cc\u062f \u0627\u0632 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0628\u062f\u0627\u0646\u06cc\u062f 24 \u062c\u0648\u0644\u0627\u06cc 2023 \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0686\u06cc\u0633\u062a\u061f \u0627\u0635\u0637\u0644\u0627\u062d \u0627\u0628\u0632\u0627\u0631 \u0645\u0634\u062a\u0642\u0647 \u0628\u0647 \u0646\u0648\u0639\u06cc \u0627\u0632 \u0642\u0631\u0627\u0631\u062f\u0627\u062f \u0645\u0627\u0644\u06cc \u06a9\u0647 \u0627\u0631\u0632\u0634 \u0622\u0646 \u0628\u0647 \u06cc\u06a9 \u062f\u0627\u0631\u0627\u06cc\u06cc \u067e\u0627\u06cc\u0647 [1]\u060c \u06af\u0631\u0648\u0647\u06cc \u0627\u0632 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627 \u06cc\u0627 \u06cc\u06a9 \u0634\u0627\u062e\u0635 \u0648\u0627\u0628\u0633\u062a\u0647 \u0627\u0633\u062a \u0627\u0634\u0627\u0631\u0647 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