YANGI O‘ZBEKISTON SHAROITIDA PUL BOZORI LIKVIDLIGI, FOIZ KORIDORI VA MONETAR TRANSMISSIYA SAMARADORLIGINING MILLIY VALYUTA BARQARORLIGIGA TA’SIRI

Authors

  • Olimjon G‘afurov

DOI:

https://doi.org/10.5281/zenodo.22326910

Abstract

2024–2026-yillarda O‘zbekiston Respublikasida pul bozori likvidligi, Markaziy bankning foiz koridori
mexanizmi, UZONIA benchmark stavkasi, REPO operatsiyalari va banklararo bozorning rivojlanishi, shuningdek, monetar
transmissiya kanallarining milliy valyuta barqarorligiga ta’siri kompleks tarzda tahlil qilinadi. Tahlil O‘zbekiston Respublikasi
Markaziy bankining rasmiy Money Market and Liquidity Review va Monetary Policy Review hisobotlari, O‘zbekiston
Respublikasi Davlat statistika qo‘mitasi hamda xalqaro moliya tashkilotlari — XVF, Jahon banki va BXHB ma’lumotlariga
asoslanadi. 2026-yilning I choragida banklararo pul bozori operatsiyalari hajmi 163 trln so‘mni yoki choraklik YaIMning
36,4 foizini tashkil etgani, UZONIA stavkasi o‘rtacha 13,7 foiz darajasida shakllanib, 14 foizlik asosiy stavkaga yaqinlashgani
hamda 2026-yil 16-iyuldan boshlab 7 kunlik Markaziy bank obligatsiyalari o‘rniga 7 kunlik REPO auksionlari joriy
etilgani chuqur tahlil qilinadi. Dinamik qatorlar, korrelyatsion va institutsional tahlil usullari asosida pul bozori likvidligi, foiz
koridori va monetar transmissiyaning milliy valyuta barqarorligiga ta’sir mexanizmini ifodalovchi konseptual model ishlab
chiqilgan.

Keywords

pul bozori likvidligi, foiz koridori, UZONIA, asosiy stavka, REPO operatsiyalari, monetar transmissiya, milliy valyuta barqarorligi, inflyatsion targetlash, O‘zbekiston Respublikasi Markaziy banki.

Author Biography

Olimjon G‘afurov

Toshkent davlat agrar universiteti
Agroiqtisodiyot kafedrasi
iqtisodiyot fanlari bo‘yicha falsafa doktori (PhD),

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Published

2026-08-01
Vol. 4 No. 8 (2026): «Muhandislik va Iqtisodiyot» jurnali 8-son