The development of exchange rate systems in Central Asia- history and current policy initiatives

Mukhayo  Abdullaeva; Sayyora   Turaeva

doi:10.47689/2181-1415-vol2-iss6/S-pp30-45

Mukhayo Abdullaeva seniour lecturer in the department of “Methodology of Socio-Economic Sciences”, Bukhara Regional Centre for Training and Retraining of Public Education Staff, Bukhara, Uzbekistan
Sayyora Toraeva seniour lecturer in the department of “Methodology of Socio-Economic Sciences”, Surkhandarya Regional Centre for Training and Retraining of Public Education Staff, Termez, Uzbekistan

DOI

https://doi.org/10.47689/2181-1415-vol2-iss6/S-pp30-45

Keywords

Exchange rate system , central bank , currency , monetary policy , Uzbek som , tenge , somoni , Kyrgyz som , analytical capacity , foreign exchange rates , interest rates , price stability

Abstract

The article discusses the topic of history of exchange rate system development in Central Asian countries including Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan along with central banks’ current policy initiatives. Report includes the analysis of the IMF reports regarding the above mentioned countries and some extra literature referring to the topic.

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