Feature of the development of the global financial market

The article examines the general trends in the world currency market and its impact on developing countries. The process of development of the world economy determines the trends of currency globalization as the highest degree of internationalization of currency relations. The growth of volume of world trade in goods, services, international movement of capital, including fictitious, stimulates the development of monetary globalization in breadth. At the same time it is necessary to take into account the connection of global financial flows denominated in different currencies with increased flows of not only fictitious capital but also real capital, although its share in the conditions of financial globalization is decreasing.