{"id":2158,"date":"2026-04-30T20:38:29","date_gmt":"2026-04-30T15:38:29","guid":{"rendered":"https:\/\/fintech.tsue.uz\/?p=2158"},"modified":"2026-09-01T20:40:05","modified_gmt":"2026-09-01T15:40:05","slug":"markaziy-bankning-mustaqilligi-va-kommunikatsiya-siyosati-milliy-valyuta-barqarorligini-taminlash-boyicha-nazariy-konsepsiyalar","status":"publish","type":"post","link":"https:\/\/fintech.tsue.uz\/?p=2158","title":{"rendered":"MARKAZIY BANKNING MUSTAQILLIGI VA KOMMUNIKATSIYA SIYOSATI: MILLIY VALYUTA BARQARORLIGINI TA\u2019MINLASH BO\u2019YICHA NAZARIY KONSEPSIYALAR"},"content":{"rendered":"\n<p><strong>G\u2018afurov Olimjon G\u2018olib o\u2019g\u2019li<\/strong><strong><\/strong><\/p>\n\n\n\n<p><em>Toshkent davlat agrar universiteti<\/em><\/p>\n\n\n\n<p><em>Agroiqtisodiyot kafedrasi<\/em><\/p>\n\n\n\n<p><em>iqtisodiyot fanlari bo\u2018yicha falsafa doktori (PhD)<\/em><\/p>\n\n\n\n<p><em>E-mail:olimjon.gafurov.95@mail.ru<\/em><\/p>\n\n\n\n<p><em>ORCID: https:\/\/orcid.org\/0009-0005-9255-2092<\/em><\/p>\n\n\n\n<p><strong><em>Annotatsiya:<\/em><\/strong><em> Markaziy bank mustaqilligi va kommunikatsiya siyosatining milliy valyuta barqarorligiga ta\u2019sirini nazariy va empirik jihatdan tahlil qilishga qaratilgan. Tadqiqotning asosiy maqsadi O\u2019zbekiston Respublikasi Markaziy banki keyingi o\u2019rinlarda Markaziy bank misolida mustaqillik darajasi, kommunikatsiya mexanizmlari va so\u2019m barqarorligi o\u2019rtasidagi bog\u2019liqlikning konseptual modelini ishlab chiqishdan iborat. Metodologiya sifatida sistemali tahlil, qiyosiy tahlil, dinamik qatorlar tahlili, korrelyatsion va regressiya modellari, shuningdek, markaziy bank mustaqilligi indekslarini baholash usullaridan foydalanilgan. 2017-2026-yillar davomida O\u2019zbekistonda pul-kredit siyosatida institutsional islohotlar amalga oshirilgan, inflyatsion targetlash rejimiga bosqichma-bosqich o\u2019tilgan va markaziy bank kommunikatsiyasi sezilarli darajada takomillashtirilgan. 2022-yilda inflyatsiya 12,3 foizga yetgan bo\u2019lsa, Markaziy bankning izchil siyosati natijasida 2025 -yil boshida bu ko\u2019rsatkich 9,8 foizga tushirilgan va 2025-yil mart oyida asosiy stavka 14 foiz darajasiga ko\u2019tarilgan.<\/em><\/p>\n\n\n\n<p><strong><em>Kalit so\u2019zlar:<\/em><\/strong><em> markaziy bank mustaqilligi, kommunikatsiya siyosati, pul-kredit siyosati, inflyatsion targetlash, valyuta kursi, monetar siyosat, markaziy bank ishonchliligi, forward guidance, milliy valyuta, institutsional mustaqillik, narxlar barqarorligi, makroiqtisodiy barqarorlik, inflyatsion kutilmalar.<\/em><em><\/em><\/p>\n\n\n\n<p><strong>\u041d\u0415\u0417\u0410\u0412\u0418\u0421\u0418\u041c\u041e\u0421\u0422\u042c \u0426\u0415\u041d\u0422\u0420\u0410\u041b\u042c\u041d\u041e\u0413\u041e \u0411\u0410\u041d\u041a\u0410 \u0418 \u041a\u041e\u041c\u041c\u0423\u041d\u0418\u041a\u0410\u0426\u0418\u041e\u041d\u041d\u0410\u042f \u041f\u041e\u041b\u0418\u0422\u0418\u041a\u0410: \u0422\u0415\u041e\u0420\u0415\u0422\u0418\u0427\u0415\u0421\u041a\u0418\u0415 \u041a\u041e\u041d\u0426\u0415\u041f\u0426\u0418\u0418 \u041e\u0411\u0415\u0421\u041f\u0415\u0427\u0415\u041d\u0418\u042f \u0421\u0422\u0410\u0411\u0418\u041b\u042c\u041d\u041e\u0421\u0422\u0418 \u041d\u0410\u0426\u0418\u041e\u041d\u0410\u041b\u042c\u041d\u041e\u0419 \u0412\u0410\u041b\u042e\u0422\u042b<\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>\u0413\u0430\u0444\u0443\u0440\u043e\u0432 \u041e\u043b\u0438\u043c\u0436\u043e\u043d \u0413\u043e\u043b\u0438\u0431 \u0443\u0433\u043b\u0438<\/strong><\/p>\n\n\n\n<p><em>\u0422\u0430\u0448\u043a\u0435\u043d\u0442\u0441\u043a\u0438\u0439 \u0433\u043e\u0441\u0443\u0434\u0430\u0440\u0441\u0442\u0432\u0435\u043d\u043d\u044b\u0439 <\/em><em><\/em><\/p>\n\n\n\n<p><em>\u0430\u0433\u0440\u0430\u0440\u043d\u044b\u0439 \u0443\u043d\u0438\u0432\u0435\u0440\u0441\u0438\u0442\u0435\u0442<\/em><\/p>\n\n\n\n<p><em>\u041a\u0430\u0444\u0435\u0434\u0440\u0430 \u0430\u0433\u0440\u043e\u044d\u043a\u043e\u043d\u043e\u043c\u0438\u043a\u0438<\/em><\/p>\n\n\n\n<p><em>\u0434\u043e\u043a\u0442\u043e\u0440 \u0444\u0438\u043b\u043e\u0441\u043e\u0444\u0438\u0438 (PhD) \u043f\u043e \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0438\u043c \u043d\u0430\u0443\u043a\u0430\u043c<\/em><\/p>\n\n\n\n<p><em>E-mail:olimjon.gafurov.95@mail.ru<\/em><\/p>\n\n\n\n<p><em>ORCID: https:\/\/orcid.org\/0009-0005-9255-2092<\/em><\/p>\n\n\n\n<p><strong><em>\u0410\u043d\u043d\u043e\u0442\u0430\u0446\u0438\u044f: <\/em><\/strong><em>\u0426\u0435\u043b\u044c\u044e \u0438\u0441\u0441\u043b\u0435\u0434\u043e\u0432\u0430\u043d\u0438\u044f \u044f\u0432\u043b\u044f\u0435\u0442\u0441\u044f \u0442\u0435\u043e\u0440\u0435\u0442\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0438 \u044d\u043c\u043f\u0438\u0440\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437 \u0432\u043b\u0438\u044f\u043d\u0438\u044f \u043d\u0435\u0437\u0430\u0432\u0438\u0441\u0438\u043c\u043e\u0441\u0442\u0438 \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0430 \u0438 \u043a\u043e\u043c\u043c\u0443\u043d\u0438\u043a\u0430\u0446\u0438\u043e\u043d\u043d\u043e\u0439 \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0438 \u043d\u0430 \u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u043e\u0441\u0442\u044c \u043d\u0430\u0446\u0438\u043e\u043d\u0430\u043b\u044c\u043d\u043e\u0439 \u0432\u0430\u043b\u044e\u0442\u044b. \u041e\u0441\u043d\u043e\u0432\u043d\u0430\u044f \u0437\u0430\u0434\u0430\u0447\u0430 \u0438\u0441\u0441\u043b\u0435\u0434\u043e\u0432\u0430\u043d\u0438\u044f \u2013 \u0440\u0430\u0437\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u043a\u043e\u043d\u0446\u0435\u043f\u0442\u0443\u0430\u043b\u044c\u043d\u043e\u0439 \u043c\u043e\u0434\u0435\u043b\u0438 \u0432\u0437\u0430\u0438\u043c\u043e\u0441\u0432\u044f\u0437\u0438 \u043c\u0435\u0436\u0434\u0443 \u0443\u0440\u043e\u0432\u043d\u0435\u043c \u043d\u0435\u0437\u0430\u0432\u0438\u0441\u0438\u043c\u043e\u0441\u0442\u0438, \u043c\u0435\u0445\u0430\u043d\u0438\u0437\u043c\u0430\u043c\u0438 \u043a\u043e\u043c\u043c\u0443\u043d\u0438\u043a\u0430\u0446\u0438\u0438 \u0438 \u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u043e\u0441\u0442\u044c\u044e \u0441\u043e\u043c\u043e\u043d\u0430 \u043d\u0430 \u043f\u0440\u0438\u043c\u0435\u0440\u0435 \u0426\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0430 \u0420\u0435\u0441\u043f\u0443\u0431\u043b\u0438\u043a\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d. \u0418\u0441\u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u043d\u043d\u0430\u044f \u043c\u0435\u0442\u043e\u0434\u043e\u043b\u043e\u0433\u0438\u044f \u0432\u043a\u043b\u044e\u0447\u0430\u0435\u0442 \u0441\u0438\u0441\u0442\u0435\u043c\u0430\u0442\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0441\u0440\u0430\u0432\u043d\u0438\u0442\u0435\u043b\u044c\u043d\u044b\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0430\u043d\u0430\u043b\u0438\u0437 \u0434\u0438\u043d\u0430\u043c\u0438\u0447\u0435\u0441\u043a\u0438\u0445 \u0440\u044f\u0434\u043e\u0432, \u043a\u043e\u0440\u0440\u0435\u043b\u044f\u0446\u0438\u043e\u043d\u043d\u044b\u0435 \u0438 \u0440\u0435\u0433\u0440\u0435\u0441\u0441\u0438\u043e\u043d\u043d\u044b\u0435 \u043c\u043e\u0434\u0435\u043b\u0438, \u0430 \u0442\u0430\u043a\u0436\u0435 \u043c\u0435\u0442\u043e\u0434\u044b \u043e\u0446\u0435\u043d\u043a\u0438 \u0438\u043d\u0434\u0435\u043a\u0441\u043e\u0432 \u043d\u0435\u0437\u0430\u0432\u0438\u0441\u0438\u043c\u043e\u0441\u0442\u0438 \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0430. \u0412 \u043f\u0435\u0440\u0438\u043e\u0434 2017-2026 \u0433\u043e\u0434\u043e\u0432 \u0432 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0435 \u0431\u044b\u043b\u0438 \u043f\u0440\u043e\u0432\u0435\u0434\u0435\u043d\u044b \u0438\u043d\u0441\u0442\u0438\u0442\u0443\u0446\u0438\u043e\u043d\u0430\u043b\u044c\u043d\u044b\u0435 \u0440\u0435\u0444\u043e\u0440\u043c\u044b \u0432 \u0434\u0435\u043d\u0435\u0436\u043d\u043e-\u043a\u0440\u0435\u0434\u0438\u0442\u043d\u043e\u0439 \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0435, \u043e\u0441\u0443\u0449\u0435\u0441\u0442\u0432\u043b\u0435\u043d \u043f\u043e\u0441\u0442\u0435\u043f\u0435\u043d\u043d\u044b\u0439 \u043f\u0435\u0440\u0435\u0445\u043e\u0434 \u043a \u0440\u0435\u0436\u0438\u043c\u0443 \u0442\u0430\u0440\u0433\u0435\u0442\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u044f \u0438\u043d\u0444\u043b\u044f\u0446\u0438\u0438, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0437\u043d\u0430\u0447\u0438\u0442\u0435\u043b\u044c\u043d\u043e \u0443\u043b\u0443\u0447\u0448\u0435\u043d\u0430 \u043a\u043e\u043c\u043c\u0443\u043d\u0438\u043a\u0430\u0446\u0438\u044f \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0430. \u0418\u043d\u0444\u043b\u044f\u0446\u0438\u044f \u0434\u043e\u0441\u0442\u0438\u0433\u043b\u0430 12,3% \u0432 2022 \u0433\u043e\u0434\u0443, \u043d\u043e \u0432 \u0440\u0435\u0437\u0443\u043b\u044c\u0442\u0430\u0442\u0435 \u043f\u043e\u0441\u043b\u0435\u0434\u043e\u0432\u0430\u0442\u0435\u043b\u044c\u043d\u043e\u0439 \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0438 \u0426\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0430 \u044d\u0442\u043e\u0442 \u043f\u043e\u043a\u0430\u0437\u0430\u0442\u0435\u043b\u044c \u0441\u043d\u0438\u0437\u0438\u043b\u0441\u044f \u0434\u043e 9,8% \u043a \u043d\u0430\u0447\u0430\u043b\u0443 2025 \u0433\u043e\u0434\u0430, \u0430 \u043a\u043b\u044e\u0447\u0435\u0432\u0430\u044f \u0441\u0442\u0430\u0432\u043a\u0430 \u0431\u044b\u043b\u0430 \u043f\u043e\u0432\u044b\u0448\u0435\u043d\u0430 \u0434\u043e 14% \u0432 \u043c\u0430\u0440\u0442\u0435 2025 \u0433\u043e\u0434\u0430.<\/em><\/p>\n\n\n\n<p><strong><em>\u041a\u043b\u044e\u0447\u0435\u0432\u044b\u0435 \u0441\u043b\u043e\u0432\u0430: <\/em><\/strong><em>\u043d\u0435\u0437\u0430\u0432\u0438\u0441\u0438\u043c\u043e\u0441\u0442\u044c \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0430, \u043a\u043e\u043c\u043c\u0443\u043d\u0438\u043a\u0430\u0446\u0438\u043e\u043d\u043d\u0430\u044f \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0430, \u0434\u0435\u043d\u0435\u0436\u043d\u043e-\u043a\u0440\u0435\u0434\u0438\u0442\u043d\u0430\u044f \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0430, \u0442\u0430\u0440\u0433\u0435\u0442\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u0435 \u0438\u043d\u0444\u043b\u044f\u0446\u0438\u0438, \u043e\u0431\u043c\u0435\u043d\u043d\u044b\u0439 \u043a\u0443\u0440\u0441, \u0434\u0435\u043d\u0435\u0436\u043d\u043e-\u043a\u0440\u0435\u0434\u0438\u0442\u043d\u0430\u044f \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0430, \u0434\u043e\u0432\u0435\u0440\u0438\u0435 \u043a \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u043e\u043c\u0443 \u0431\u0430\u043d\u043a\u0443, \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u0435 \u0431\u0443\u0434\u0443\u0449\u0438\u0445 \u0441\u043e\u0431\u044b\u0442\u0438\u0439, \u043d\u0430\u0446\u0438\u043e\u043d\u0430\u043b\u044c\u043d\u0430\u044f \u0432\u0430\u043b\u044e\u0442\u0430, \u0438\u043d\u0441\u0442\u0438\u0442\u0443\u0446\u0438\u043e\u043d\u0430\u043b\u044c\u043d\u0430\u044f \u043d\u0435\u0437\u0430\u0432\u0438\u0441\u0438\u043c\u043e\u0441\u0442\u044c, \u0446\u0435\u043d\u043e\u0432\u0430\u044f \u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u043e\u0441\u0442\u044c, \u043c\u0430\u043a\u0440\u043e\u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u043e\u0441\u0442\u044c, \u0438\u043d\u0444\u043b\u044f\u0446\u0438\u043e\u043d\u043d\u044b\u0435 \u043e\u0436\u0438\u0434\u0430\u043d\u0438\u044f.<\/em><em><\/em><\/p>\n\n\n\n<p><strong>CENTRAL BANK INDEPENDENCE AND COMMUNICATION POLICY: THEORETICAL CONCEPTS FOR ENSURING THE STABILITY OF THE NATIONAL CURRENCY<\/strong><\/p>\n\n\n\n<p><strong>Gafurov Olimjon Golib ugli<\/strong><strong><\/strong><\/p>\n\n\n\n<p><em>Tashkent State Agrarian University<\/em><\/p>\n\n\n\n<p><em>Department of Agroeconomics<\/em><\/p>\n\n\n\n<p><em>doctor of philosophy (PhD) in economic sciences<\/em><\/p>\n\n\n\n<p><em>E-mail:olimjon.gafurov.95@mail.ru<\/em><\/p>\n\n\n\n<p><em>ORCID: https:\/\/orcid.org\/0009-0005-9255-2092<\/em><\/p>\n\n\n\n<p><strong><em>Abstract:<\/em><\/strong><em> It aims to theoretically and empirically analyze the impact of the Central Bank&#8217;s independence and communication policy on the stability of the national currency. The main goal of the study is to develop a conceptual model of the relationship between the level of independence of the Central Bank of the Republic of Uzbekistan, communication mechanisms, and the stability of the soum using the example of the Central Bank. The methodology utilizes methods of systems analysis, comparative analysis, dynamic series analysis, correlation and regression models, as well as the assessment of central bank independence indices. During 2017-2026, Uzbekistan implemented institutional reforms in monetary policy, a gradual transition to an inflation targeting regime, and significantly improved central bank communications.<\/em><em> <\/em><em>Inflation reached 12.3% in 2022, but as a result of the Central Bank&#8217;s consistent policy, this indicator decreased to 9.8% by the beginning of 2025, and the key rate was raised to 14% in March 2025.<\/em><em><\/em><\/p>\n\n\n\n<p><strong><em>Keywords:<\/em><\/strong><em> central bank independence, communication policy, monetary policy, inflation targeting, exchange rate, monetary policy, trust in the central bank, forecasting future events, national currency, institutional independence, price stability, macroeconomic stability, inflationary expectations.<\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/fintech.tsue.uz\/wp-content\/uploads\/2026\/09\/G\u2018afurov-Olimjon-G\u2018olib-ogli.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of G\u2018afurov Olimjon G\u2018olib o\u2019g\u2019li.\"><\/object><a id=\"wp-block-file--media-f1d752b3-22f8-4e64-bc56-13fb6d1f6486\" href=\"https:\/\/fintech.tsue.uz\/wp-content\/uploads\/2026\/09\/G\u2018afurov-Olimjon-G\u2018olib-ogli.pdf\">G\u2018afurov Olimjon G\u2018olib o\u2019g\u2019li<\/a><a href=\"https:\/\/fintech.tsue.uz\/wp-content\/uploads\/2026\/09\/G\u2018afurov-Olimjon-G\u2018olib-ogli.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f1d752b3-22f8-4e64-bc56-13fb6d1f6486\">Download<\/a><\/div>\n\n\n\n<p><strong>Foydalanilgan adabiyotlar<\/strong><\/p>\n\n\n\n<p>1. Adrian, T., Khan, A., &amp; Menand, L. (2024). A new measure of central bank independence. IMF Working Papers, 2024\/035. International Monetary Fund.<\/p>\n\n\n\n<p>2. Afrouzi, H., Halac, M., Rogoff, K., &amp; Yared, P. (2024). Changing central bank pressures and inflation. Brookings Papers on Economic Activity, 55(1), 205\u2013264.<\/p>\n\n\n\n<p>3. Bernanke, B. S. (2004). The great moderation. Speech at the Eastern Economic Association, Washington, D.C. Federal Reserve.<\/p>\n\n\n\n<p>4. Bernanke, B. S. (2015). The courage to act: A memoir of a crisis and its aftermath. W. W. Norton &amp; Company.<\/p>\n\n\n\n<p>5. Blinder, A. S. (2000). Central-bank credibility: Why do we care? How do we build it? American Economic Review, 90(5), 1421\u20131431.<\/p>\n\n\n\n<p>6. Blinder, A. S., Ehrmann, M., Fratzscher, M., De Haan, J., &amp; Jansen, D.-J. (2008). Central bank communication and monetary policy: A survey of theory and evidence. Journal of Economic Literature, 46(4), 910\u2013945.<\/p>\n\n\n\n<p>7. European Central Bank. (2023). Annual Report 2022. ECB.<\/p>\n\n\n\n<p>8. European Central Bank. (2025). Why central bank independence matters: Lessons from the past 50 years. ECB Blog, December 23, 2025.<\/p>\n\n\n\n<p>9. Garc\u00eda, B., &amp; Skaperdas, A. (2024). Central bank independence at low interest rates. Working Papers Central Bank of Chile, 1003.<\/p>\n\n\n\n<p>10. Hwang, I. D., Lustenberger, T., &amp; Rossi, E. (2023). Central bank communication and public trust: The case of ECB speeches. Journal of International Money and Finance, 137(C).<\/p>\n\n\n\n<p>11. International Monetary Fund. (2023). World Economic Outlook: A rocky recovery. IMF.<\/p>\n\n\n\n<p>12. International Monetary Fund. (2024). Uzbekistan: 2024 Article IV consultation. IMF Country Report No. 24\/168.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>G\u2018afurov Olimjon G\u2018olib o\u2019g\u2019li Toshkent davlat agrar universiteti Agroiqtisodiyot kafedrasi iqtisodiyot fanlari bo\u2018yicha falsafa doktori (PhD) E-mail:olimjon.gafurov.95@mail.ru ORCID: https:\/\/orcid.org\/0009-0005-9255-2092 Annotatsiya: Markaziy bank&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2158","post","type-post","status-publish","format-standard","hentry","category-bolimsiz"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MARKAZIY BANKNING MUSTAQILLIGI VA KOMMUNIKATSIYA SIYOSATI: MILLIY VALYUTA BARQARORLIGINI TA\u2019MINLASH BO\u2019YICHA NAZARIY KONSEPSIYALAR - \u201cMoliyaviy texnologiyalar\u201d ilmiy elektron jurnali<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fintech.tsue.uz\/?p=2158\" \/>\n<meta property=\"og:locale\" content=\"uz_UZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MARKAZIY BANKNING MUSTAQILLIGI VA KOMMUNIKATSIYA SIYOSATI: MILLIY VALYUTA BARQARORLIGINI TA\u2019MINLASH BO\u2019YICHA NAZARIY KONSEPSIYALAR - 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