Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-03-83-40
DOI: https://dx.doi.org/10.15863/TAS.2020.03.83.40
Language: English
Citation: Rasulov, T. S., & Rasulova, D. V. (2020). Directions of ensuring national currency stability and the main aspects of the development of foreign exchange rate in Uzbekistan. ISJ Theoretical & Applied Science, 03 (83), 201-209. Soi: http://s-o-i.org/1.1/TAS-03-83-40 Doi: https://dx.doi.org/10.15863/TAS.2020.03.83.40 |
Pages: 201-209
Published: 30.03.2020
Abstract: A national currency is a legal tender issued by a country’s central bank or monetary authority. It is typically the predominant medium of exchange for purchasing goods and services. In the United States, the dollar is the primary form of currency, backed by the full faith and credit of the government and the Federal Reserve. Large currency bases like the dollar and even the British pound (GBP) can also play an instrumental role in other regions of the world. For example, commodity prices are quoted in US dollars (USD) despite trading in countries outside of the United States. What's more, some countries might peg their national currency to the US dollar to keep inflation aligned with expectations and maintain a stable monetary policy regime.
Key words: currency, money system, assets, commercial banks, Central Bank, loan, money supply, price fluctuations, refinancing, revaluation, devaluation, denomination.
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