MARKAZIY BANK FOIZ STAVKALARINING TIJORAT BANKLARI LIKVIDLILIGIGA TA’SIRI
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foiz siyosati, likvidlilik riski, tijorat banklari, pul-kredit siyosati, markaziy bank.Abstrak
Maqolada Markaziy bankning foiz siyosati tijorat banklari likvidliligiga qanday ta’sir ko‘rsatishi empirik tahlil asosida o‘rganilgan. Tadqiqot 2020-2025 yillardagi ma’lumotlar asosida amalga oshirilib, likvidlilikning asosiy ko‘rsatkichlari, LCR, NSFR va LDR bilan foiz stavka dinamikasi o‘rtasidagi bog‘liqlik VAR va ARDL modellari orqali baholandi. Empirik natijalar foiz stavkasi oshishi banklar likvidliligini qisqa muddatda pasaytiradi, ammo uzoq muddatda bozor barqarorligini ta’minlash orqali ijobiy ta’sir ko‘rsatishini ko‘rsatdi. Shu bilan birga, foiz siyosati inflyatsiya, yalpi ichki mahsulot o‘sishi va pul bazasi orqali likvidlilik kanallari orqali ta’sir ko‘rsatishi aniqlandi. Ilmiy natijalar asosida Markaziy bank va tijorat banklari uchun foiz siyosatini optimallashtirish va likvidlilik boshqaruvini takomillashtirish bo‘yicha amaliy tavsiyalar ishlab chiqilgan.
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