Ways to improve the implementation of foreign currency operations in commercial banks

Ways to improve the implementation of foreign currency operations in commercial banks

Authors

  • Raxmanova Laylo Baxodirovna

DOI:

https://doi.org/10.5281/zenodo.17215307

Keywords:

commercial banks, foreign exchange transactions, currency and financial system, currency risk, international settlements, digital banking, hedging, currency swaps, banking system, integration

Abstract

This article provides a scientific analysis of commercial banks' foreign exchange transactions and areas for
improvement. It examines competition in global financial markets, the level of currency conversion, and international
settlement practices as factors that directly impact banking system operations. Practical recommendations are provided
for implementing innovative products for commercial banks, establishing a corporate governance system in line with
international standards, and promoting the widespread use of modern financial instruments such as currency swaps and
hedging.

Author Biography

Raxmanova Laylo Baxodirovna


Master student at Samarkand institute of economics and service

References

1. Ўзбекистон Республикаси Президентининг 2017 йил 2 сентябрдаги ПФ–5177-сон “Валютани либераллаштириш

бўйича биринчи навбатдаги чора-тадбирлар тўғрисида”ги Фармони. – Т.: Президент қарори, 2017.

2. Ўзбекистон Республикасининг 2025 йилда қабул қилинган “Валютани тартибга солиш ва назорат қилиш

тўғрисида”ги Қонуни. – Т.: Ўзбекистон Республикаси Олий Мажлиси, 2025.

3. Ўзбекистон Республикаси Президентининг 2020 йил 12 майдаги ПФ–6002-сон “Банк тизимини ислоҳ қилиш ва

молиявий барқарорлигини таъминлаш чора-тадбирлари тўғрисида”ги Фармони. – Т.: Президент қарори, 2020.

4. Ўзбекистон Республикаси Марказий банки. “Ўзбекистон Республикаси валюта сиёсати ва молия бозори

ҳисоботлари”. – Т.: Марказий банк нашри, 2024–2025 йиллар.

5. Ахмедов, Б. Ўзбекистон банк тизимини модернизация қилиш жараёнида валюта операцияларини

такомиллаштириш // Иқтисодиёт ва инновацион технологиялар. – №3, 2023. – Б. 56–64.

6. Karimov, A. Foreign Exchange Operations in Commercial Banks of Uzbekistan: Current Trends and Perspectives //

Central Asian Economic Review. – Vol. 12, No. 4, 2024. – P. 101–115.

7. Хайдаров, Ш. Халқаро молия бозорида валюта операциялари ва уларнинг иқтисодий аҳамияти. – Т.: “Иқтисод-

Молия” нашриёти, 2022.

8. Mishkin, F. S. The Economics of Money, Banking and Financial Markets. – 12th ed. – Pearson, 2022.

9. Krugman, P., Obstfeld, M., Melitz, M. International Economics: Theory and Policy. – 11th ed. – Pearson, 2023

10. Халқаро Валюта Фонди (IMF). Annual Report on Exchange Arrangements and Exchange Restrictions. – Washington

D.C.: IMF, 2024.

11. https://cbu.uz/oz/press_center/news/75951/

12. https://ziraatbank.uz/Documents/Features/ZFG_UZBEKISTAN_валюта-операцияларини-амалга-ошириш-

тартиби-pdf_600.pdf

13. https://cbu.uz/oz/press_center/news/269593/

14. https://cbu.uz/oz/press_center/news/75951/

15. https://lex.uz/docs/3326421

16. https://xs.uz/uzkr/post/valyutani-tartibga-solish-togrisida-yangi-tahriri

Downloads

Published

2025-08-01

How to Cite

Raxmanova , L. (2025). Ways to improve the implementation of foreign currency operations in commercial banks. GREEN ECONOMY AND DEVELOPMENT, 3(8). https://doi.org/10.5281/zenodo.17215307
Loading...