Mechanism for Optimizing Interbank Currency Exchange to Enhance Market Liquidity and Ensure Exchange Rate Stability

Аннотация

In modern monetary policy, optimizing the COPYRIGHT mechanism of interbank currency trading plays a vital © 2025 Original content from this work may be used under the terms of the creative commons attributes 4.0 License. role in enhancing the liquidity of the foreign exchange market and reducing devaluation pressures. Transparent exchange rate formation and reduced transaction costs are key factors that can lead to a more stable and efficient foreign currency system. Keywords: Foreign exchange market, exchange rate stability, interbank trading, currency liquidity, monetary policy, devaluation pressure, market mechanisms, transaction costs, transparency, central bank interventions, managed float regime, Uzbekistan economy, macroeconomic stability, exchange rate formation. Introduction: In modern monetary policy, optimizing the mechanism of interbank currency trading plays a vital role in enhancing the liquidity of the foreign exchange market and reducing devaluation pressures. Transparent exchange rate formation and reduced transaction costs are key factors that can lead to a more stable and efficient foreign currency system.