THE IMPACT OF THE STABILITY OF THE NATIONAL CURRENCY EXCHANGE RATE AND CHANGES IN THE TRADE BALANCE ON ECONOMIC DEVELOPMENT
Keywords:
national currency exchange rate, trade balance, economic development, currency stability, export–import dynamics, macroeconomic indicators, exchange rate policyAbstract
This article provides an in-depth analysis of the impact of the stability of
Uzbekistan’s national currency exchange rate and changes in the trade balance on the
country’s economic development. In recent years, fluctuations in the global market
environment, the dynamics of export–import volumes, and exchange rate variations
have directly influenced the country’s macroeconomic indicators. The study evaluates
the interrelationship between the national currency exchange rate, trade balance,
inflation rate, and gross domestic product (GDP) growth based on statistical data.
Furthermore, the effectiveness of government-implemented currency liberalization
policies, changes in customs tariff measures, and export promotion programs has been
examined. The results indicate that ensuring sustainable economic growth requires
coordination between exchange rate policy and trade policy.
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