THE IMPORTANCE OF FOREIGN EXCHANGE POLICY IN INCREASING THE EFFICIENCY OF FOREIGN INVESTMENTS IN UZBEKISTAN

This article studies the role and economic significance of currency policy in increasing the efficiency of foreign investment in Uzbekistan based on a comprehensive approach. In the course of the research, the exchange rate regime, the convertibility of the national currency, the inflation targeting mechanism, and the impact of monetary policy on the investment environment were analyzed theoretically and practically. The impact of currency stability, freedom of capital movement, and currency risk management tools on foreign capital inflows was also assessed. Based on the experience of Uzbekistan, the results of currency policy liberalization and its impact on investment efficiency were revealed. The results of the study show that a predictable and transparent currency policy is an important macroeconomic factor in increasing investment attractiveness.