THE IMPORTANCE OF FOREIGN EXCHANGE POLICY IN INCREASING THE EFFICIENCY OF FOREIGN INVESTMENTS IN UZBEKISTAN

Authors

  • Musurmankulova Fatima Atamuratovna Tashkent International University "Kimyo" Master's student, Faculty of Banking and Audit.

Keywords:

foreign investment, direct investment (FDI), currency policy, exchange rate, conversion, inflation targeting, monetary policy, macroeconomic stability, capital movement, investment environment, currency risks, economic liberalization.

Abstract

This article studies the role and economic significance of currency policy in increasing the efficiency of foreign investment in Uzbekistan based on a comprehensive approach. In the course of the research, the exchange rate regime, the convertibility of the national currency, the inflation targeting mechanism, and the impact of monetary policy on the investment environment were analyzed theoretically and practically. The impact of currency stability, freedom of capital movement, and currency risk management tools on foreign capital inflows was also assessed. Based on the experience of Uzbekistan, the results of currency policy liberalization and its impact on investment efficiency were revealed. The results of the study show that a predictable and transparent currency policy is an important macroeconomic factor in increasing investment attractiveness.

Downloads

Download data is not yet available.

References

Krugman P., Obstfeld M., Melitz M. International Economics: Theory and Policy. – Pearson Education, 2018.

Campa J., Goldberg L. Exchange Rate Pass-Through into Import Prices. – Review of Economics and Statistics, 2005.

World Bank. World Development Report. – Washington D.C., latest editions.

International Monetary Fund (IMF). Country Reports and Regional Economic Outlook.

Central Bank of the Republic of Uzbekistan. Monetary Policy Reports. – Tashkent, latest years.

Decrees and resolutions of the President of the Republic of Uzbekistan (documents on the liberalization of foreign exchange policy).

Data from the State Statistical Agency of the Republic of Uzbekistan.

UNCTAD. World Investment Report. – Geneva, latest editions.

Downloads

Published

2026-04-03

How to Cite

Musurmankulova Fatima Atamuratovna. (2026). THE IMPORTANCE OF FOREIGN EXCHANGE POLICY IN INCREASING THE EFFICIENCY OF FOREIGN INVESTMENTS IN UZBEKISTAN. Journal of Applied Science and Social Science, 16(4), 93–99. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/3927

Issue

Vol. 16 No. 4 (2026): Journal of Applied Science and Social Science

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

All content published in the Journal of Applied Science and Social Science (JASSS) is protected by copyright. Authors retain the copyright to their work, and grant JASSS the right to publish the work under a Creative Commons Attribution License (CC BY). This license allows others to distribute, remix, adapt, and build upon the work, even commercially, as long as they credit the author(s) for the original creation.