Interest Rate Channel and Market Rates in Case of Uzbekistan – Svar Approach
DOI:
https://doi.org/10.31150/ajebm.v7i10.2971Keywords:
interest rate channel, monetary policy, commercial banks, deposit, credit.Abstract
In this scientific work, is studied the influence of the interest rate channel of the transmission mechanism on market rates. The analysis was carried out in case of Uzbekistan, using statistical data of 36 commercial banks for the period 2019M01-2024M06. According to the results of the analysis, it was found that the influence of the Central Bank key interest rate on the short-term interest rates on total time deposits and the short-term interest rates on total loans of legal entities is strong.
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