The Central Bank organized a seminar dedicated to monetary policy with the participation of 150 professors and lecturers invited from 15 higher education institutions.
During the event, detailed information was presented on the stages of development of monetary policy in Uzbekistan, the 5 percent inflation target, the policy rate, and the decision-making mechanism.
During and at the conclusion of the seminar, a Question and Answer (Q&A) session was held, where participants received responses to their questions.
The current set of instruments of the Central Bank was also explained, including the policy rate, reserve requirements, Central Bank bonds, and their operating mechanisms. In addition, the importance of monetary policy communication — a widely used instrument under the inflation targeting regime — was discussed in detail.
Seminar presentations:
Monetary Policy
Operational Mechanism of Monetary Policy
