FOIZ STAVKASI VA VALYUTA KURSI ORQALI SAVDO BALANSIGA TA’SIR (O‘zbekiston misolida), THE IMPACT OF INTEREST RATES AND EXCHANGE RATES ON THE TRADE BALANCE (Evidence from Uzbekistan), ВЛИЯНИЕ ПРОЦЕНТНОЙ СТАВКИ И ВАЛЮТНОГО КУРСА НА ТОРГОВЫЙ БАЛАНС (на примере Узбекистана)

<jats:p>This article examines the impact of interest rates and exchange rates on the trade balance using the case of Uzbekistan. The findings show that monetary policy instruments affect the trade balance differently in the short and long run. The study highlights the need to align monetary policy with trade and structural reforms</jats:p>