Платежный баланс

I ( r 2 )
Promotional investment policy
Stimulus in the countrys budget- tax policy
Stimulus budget - tax policies in other countries

Exchange rate _

Exchange rate

Exchange rate is the value of one country's currency expressed in other countries' currency units .
Nominal exchange rate (e) is the relative price of two currencies .
Correct quote
1 dollar. US = 11478 soums
Reverse quote
1 soum = 0.00008 dollar. USA

Real exchange rate (e) is the relative price of goods produced in two countries.

 = e x R/R*
e is the real exchange rate
e is the nominal exchange rate
R is the price level within the country
R* is the level of prices abroad
If the real exchange rate is high , foreign goods will be relatively cheap , and national goods will be relatively expensive, and vice versa .

Factors of the nominal exchange rate

Real exchange rate
Price levels in both countries
If the domestic price level increases , the national nominal exchange rate will decrease ( so that the national currency is less foreign currency can be purchased ). If the price level in a foreign country increases , the national nominal exchange rate increases ( in this case, the foreign currency is more can be purchased )

Factors of the nominal exchange rate

 e (%) =  (%) +  R* (%) -  R(%)
 e (%) =  (%) + (p*- p)
or
Here D e (%) is a percentage of the nominal exchange rates change
De (%) is a percentage of the real exchange rates change
(r*- r) - the difference in inflation rates
The nominal exchange rate is the result the monetary and credit policies in both countries