Spatial-Temporal Analysis the Dynamics of Changes on the Foreign Exchange Market: An Empirical Estimates from Ukraine

The foreign exchange market plays an important role in the formation and development of financial markets. This market is of particular importance for emerging economies. To understand market trends (to understand and develop a strategy for its development), it is necessary to analyze historical data. It is also important to use different methods to carry out this analysis. Based on this, the paper analyzes the foreign exchange market in Ukraine for the period 2014-2018. For this analysis, the wavelet coherence methodology is used. This made it possible to assess the development of the foreign exchange market in Ukraine.

Pharmacological Rationale for the Use of Aegle Marmelos. L and Pyrus Cydonia. L in Cardiovascular Disorders

The crude extracts, fractions and isolated marmelosin were investigated to rationalize the therapeutic potentials in cardiovascular disorders. Heart and aorta were isolated from Wistar rat for working and Langendorff’s heart and aortic ring preparations. Preliminarily, Langendorff’s heart determined the following studies. Firstly, working heart was performed at fixed preload of 15 cmH2O and afterload of 80 cmH2O. Secondly, variable preload 5, 10, 15, 20 and 25 cmH2O was employed, whereas, afterload was fixed at 80 cmH2O. In Ca++ paradox; Ca++ free KH perfused the heart, afterwards, firstly normal KH, secondly normal KH plus Am.Cr and thirdly Ca++ free KH plus Am.Cr and normal KH plus Am.Cr. In Langendorff’s heart Am.Cr and Pc.Cr increased the left ventricle (LVP) and systolic pressures (SP). This determined the path to study in more detail. Am.Cr; exhibited biphasic effect on dP/dt(max) dose-dependently in working heart. Am.Cr increased the AoF and EF dose-dependently. Am.Cr increased the dP/dt(min), DP and EDP. The SV and CP were increased at higher doses. CE was decreased while SP, PASP and RPP were unaffected. In aorta Am.Cr inhibited PE and high K+-induced contractions in both +veEnd and -veEnd, showing VDCCs and ROCCs blocking effect and release of Ca++ from sarcoplasmic reticulum.Am.Cr shifted the Ca++CRCs to the left at lower and to the right at higher doses showing agonists and antagonistic effect on Ca++ channels. At variable preload the heart was pretreated by 3.0, 30.0 and 100 mg/mL of Am.Cr. The AoF, LVP and CVR were increased by acute preload reduction that followed by load-dependent increase. The CE was decreased dose- and load-dependently. The dP/dt(max) and HR were decreased, whereas dP/dt (min) showed dose- and load-dependent increase. The CO increased variably while PASP and MW were unaffected. In calcium paradox experiments; Ca++ free perfusion decreased the contractility whereas, Am.Cr increased the contractility whether it was added in Ca++ free or normal KH solution at various series of experiments. Aq.Fr.Cr decreased the dP/dt(max) and RPP significantly in working heart. It increased AoF, DP, CO and CP. The dP/dt(min) was reduced.Aq.Fr.Cr caused dose-dependent minimal reduction in CE. The EDP, SP, PASP, EF and SV were unaffected. Aq.Fr.Cr induced dose-dependent relaxation of PE- and high K+-induced contractions in +veEnd aortic rings. In -veEnd rings; it inhibits PE-induced contraction only, whereas in high K+-induced contraction Aq.Fr.Cr failed to relax. The cumulative addition to the L-NAME pre-incubated and PE pre-contracted +veEnd rings did not show relaxation. This explains endothelium-dependent vasorelaxation through NO/cGMP pathway. At variable preloads; pretreatment ofthe heart with 1.0, 10.0 and 30.0 mg/ml of Aq.Fr.Cr; increased the AoF, LVP and CVR by acute preload reduction while preload increment caused load-dependent increase. The dP/dt(max) and HR were decreased by acute preload reduction and was not affected by preload increase. The dP/dt(min) was decreased by acute preload reduction while increasing preload caused load-dependent increase. CE was decreased at all changes in preload. The PASP, MW and CO were minimally affected during preload changes. But.Fr.Cr increased dP/dt(max), dP/dt(min), AoF, SP, CP and CO in working heart. The PASP, EF, SV and RPP were decreased. CE was decreased significantly and dose-dependently. In aorta; But.Fr.Cr induced inhibitory effect in both +veEnd and -veEnd ring pre-contracted by PE and high K+. This shows blockade of ROCCs, VDCCs and release of Ca++ from sarcoplasmic reticulum. But.Fr.Cr at lower concentrations caused leftward and at higher concentrations rightward shift of Ca++ CRCs showing calcium channel agonists and antagonistic activities. At variable preload; the heart was pretreated by 0.01, 0.1 and 1.0 mg/mL of But.Fr.Cr. The AoF, LVP and CVR were increased by acute preload reduction and continued by increasing preload. The dP/dt(max) and dP/dt(min) were decreased by preload reduction and not affected by increasing preload. HR was decreased by acute preload reduction and continued during increase in preload. The PASP, MW and CE were decreased at all preloads. The CO was less affected. ISD Marm increased the AoF, CO and CP in working heart. The dP/dt(max) was decreased minimally while dP/dt(min) and HR were decreased significantly at higher doses. CE decreased dose-dependently. The SP, DP, PASP, EDP, EF and RPP were not affected. STD Marm reduced the CE and increased the AoF, CO, CP, SV and EF comparatively more than ISD Marm. The dP/dt(max), dP/dt(min), HR, SP, DP, EDP and RPP were reduced whereas SV was not affected. In aorta; STD Marm induced dose-dependent relaxation in both +veEnd and -veEnd PE precontracted rings. This was significant at higher doses in +veEnd rings. Whereas in high K+ precontracted +veEnd and -veEnd rings it showed insignificant effect. The cumulative addition to L-NAME pre-incubated and PE pre-contracted +veEnd rings it showed partial but significant dose-dependent relaxation. At variable preloads; pretreatment of the heart by 1µM, 10 µM and 100 µM of ISD Marm; increased the AoF, LVP and CVR by acute preload reduction while preload escalation showed load-dependent increase. The CO and MW were increased by acute preload reduction, whereas preload increment led to attenuation of CO and MW. The dP/dt(max), dP/dt(min), HR, CE and PASP were decreased by acute preload reduction and continued during preload increment. Thus, this study may rationalize the therapeutic potential of A.marmelos and P.cydonia possesses cardiotonic effect. The crude extract of A.marmelos, its fractions and isolated marmelosin exhibited numerous effects on the heart and aortic muscle mediating through multiple pathways that pointed out that though crude extract showed most of the activities, but it appears as no single compound can be a true representative of the plant. Because, it constitutes multiple compounds with different properties which can be exploited for various therapeutic purposes. Further studies would establish the clinical significance of A.marmelos in the management of cardiovascular disorders and promising chemical agent may be identified.