Contents Introduction Chapter I. Theoretical foundations of currency regulation

second, the exclusive use of market mechanisms in setting the exchange rate of a national currency against a foreign currency;
third,  increasing the role of market instruments in the use of foreign exchange resources, creating equal competitive conditions in the foreign exchange market for all economic entities, increasing the stimulating role of monetary policy in export development in non-traditional industries, strengthening regional and international economic cooperation;
fourth, the  improvement of the business environment and investment climate, which is conducive to attracting foreign direct investment, knowledge and technology to all sectors of the economy, to directly stimulate the creation of high-quality jobs and the growth of high-value-added production;
fifth, pursuing a tight monetary policy aimed at ensuring the stability of the national currency, providing for the active and flexible use of its instruments, the development of the government securities market, as well as the introduction of the practice of operations on the open market and operations to provide liquidity to banks secured by government securities;
sixth, curbing excessive growth of the money supply through the coordination of monetary and fiscal policies, as well as maintaining a balanced State budget;
seventh, maintaining the stability of the banking system and increasing its resilience to risks, including by taking effective preventive measures to mitigate the possible negative effects of monetary policy liberalization on the financial condition of banks;
eighth, the adoption of necessary measures of state support for enterprises of basic industries, ensuring their effective functioning in the new conditions of monetary policy 
ninth, the implementation of comprehensive targeted social support measures to minimize the negative effects of the liberalization of monetary policy on the standard of living of socially vulnerable groups of the population.”²²
“The Decree provides that Uzbek legal entities may purchase foreign currency in commercial banks for payments to fulfil their obligations under the following types
of international transaction: imports of goods, works and services, repatriation of
profis, repayment of loans, payment of travel expenses, and other non-commercial
transfers.
The Decree further provides that individuals who are Uzbekistan residents may sell foreign currency at exchange points. In addition, they may purchase foreign currency at commercial banks provided that the purchased foreign currency is deposited on an international payment card and used abroad.
The Decree also cancelled the requirement for the mandatory sale of foreign currency export proceeds. Prior to the Decree, certain portion of revenue from exporting certain goods and services was subject to mandatory conversion.”²³
The Central Bank of the Republic of Uzbekistan has established the following rates of foreign currencies to the amount for accounting, statistical and other reporting on currency transactions, as well as the calculation of customs and other mandatory payments. Rates are set without obligations of the Central Bank of the Republic of Uzbekistan to buy or sell currencies at this rate.
Table3.1.1