Ways to Improve the Open Market Policy of the Central Bank of Uzbekistan
DOI:
https://doi.org/10.31150/ajebm.v4i7.556Keywords:
monetary policy, money market interest rate, open market policy, inflationAbstract
This research article provides a practical analysis of the open market policy implemented by the Central Bank of the Republic of Uzbekistan. In addition, the article is devoted to the study of the volume of the open market policy, which is considered the main monetary policy instrument, and the level at which the Central Bank uses government securities and other alternative securities. According to the results, the Central Bank has been pursuing a comprehensive open market policyduring the last two years. However, the correlation of the interest rate on securities used in the open market to the money market rate and the inflation rate is not logical.
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Copyright (c) 2021 Kurbonbekova Mokhichekhra Turobjonovna
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