Contents Introduction Chapter I. Theoretical foundations of currency regulation

Contents
Introduction……………………………………………………………….4
Chapter I. Theoretical foundations of currency regulation.

1. 
   Currency operations: concept, objects, subjects…………………………7
   

1.2 Main types of currency transactions: “Spot Exchange”, “Forward”, “Swap” and “Option”………………………………………………………………………15
Chapter II. Characteristics of the main approaches to currency regulation in world practice.
2.1. Currency operation and currency control in Russia………………………15
2.2 Currency market of the USA: Exchange rate and the balance of payment…………………………………………………………………………29
Chapter III. Procedures liberalizing currency regulation in Uzbekistan based on foreign experience.
3.1. Liberalization of exchange rate policy in Uzbekistan ……………………..29
3.2. The role of banks in carrying out currency operations in Uzbekistan …….34
Conclusion.
References.


Introduction
Topicality of the research: The development of a full-fledged foreign exchange market in our country and its effective regulation is a necessary condition for the formation of an open market economy with all the necessary means to stimulate the work of business entities in the foreign economic sphere. An important role in this process belongs to the mechanism for the development and effective implementation by the central bank of a full-fledged monetary policy that covers all the necessary tools to influence currency relations and is one of the most important elements in the general system of measures for maintaining macroeconomic and financial stability and stimulating economic growth.
The importance of effective exchange rate management for small open economies, to which Uzbekistan belongs, is due to the fact that the exchange rate is:

• 
  a means of internationalizing monetary relations, makes it possible to compare price structures of individual countries, the conditions and results of production reproduction (productivity) of labor, production costs, wages, economic growth rates, balance of payments;
  
• 
  a means of comparing national prices with international ones;
  
• 
  a means of redistributing the national product between countries that carry out foreign economic relations.
  

So, the quantitative level and dynamics of the exchange rate affects all economic processes in the country. That is why the problem of managing the exchange rate is relevant to many societies.