{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,6,18]],"date-time":"2025-06-18T04:19:01Z","timestamp":1750220341305,"version":"3.41.0"},"publisher-location":"New York, NY, USA","reference-count":23,"publisher":"ACM","license":[{"start":{"date-parts":[[2021,12,15]],"date-time":"2021-12-15T00:00:00Z","timestamp":1639526400000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.acm.org\/publications\/policies\/copyright_policy#Background"}],"content-domain":{"domain":["dl.acm.org"],"crossmark-restriction":true},"short-container-title":[],"published-print":{"date-parts":[[2021,12,15]]},"DOI":"10.1145\/3508072.3508208","type":"proceedings-article","created":{"date-parts":[[2022,4,13]],"date-time":"2022-04-13T17:01:56Z","timestamp":1649869316000},"page":"693-697","update-policy":"https:\/\/doi.org\/10.1145\/crossmark-policy","source":"Crossref","is-referenced-by-count":0,"title":["Important Aspects Related to Foreign Exchange Operations of Commercial Banks"],"prefix":"10.1145","author":[{"given":"Akram","family":"Tolliboevich Absalamov","sequence":"first","affiliation":[{"name":"Department of Finance and Accounting, Tashkent State University of Economics, Uzbekistan"}]},{"given":"Oybek","family":"Odilovich Xudoyorov","sequence":"additional","affiliation":[{"name":"Department of Bank Accounting and Auditing, Tashkent Institute of Finance, Uzbekistan"}]},{"given":"Sardor","family":"Umarovich Kholdorov","sequence":"additional","affiliation":[{"name":"Department of Finance and Accounting, Tashkent State University of Economics, Uzbekistan"}]}],"member":"320","published-online":{"date-parts":[[2022,4,13]]},"reference":[{"key":"e_1_3_2_1_1_1","unstructured":"- the level of solvency of customers with the status of a legal entity using the letter of credit services of commercial banks;"},{"key":"e_1_3_2_1_2_1","unstructured":"- possibility of commercial banks to repay documented letters of credit at the expense of their loans;"},{"key":"e_1_3_2_1_3_1","unstructured":"- solvency of bank-guaranteed customers;"},{"key":"e_1_3_2_1_4_1","unstructured":"which are guaranteed by the bank;  - timely fulfillment of obligations by client which are guaranteed by the bank;"},{"key":"e_1_3_2_1_5_1","unstructured":"- the negative impact of the global financial and economic crisis on the guarantee operations of commercial banks;"},{"key":"e_1_3_2_1_6_1","unstructured":"- large difference between the interest rate on loans in the transaction currency and the interest rate on deposits in the appraisal currency;"},{"key":"e_1_3_2_1_7_1","unstructured":"- high level of volatility of the spot rate of the national currency."},{"volume-title":"it should be noted that, taking other factors into account, a 1% increase in deposits would increase the","author":"Summing","key":"e_1_3_2_1_8_1","unstructured":"Summing up our econometric model , it should be noted that, taking other factors into account, a 1% increase in deposits would increase the volume of letters of credit of JSC \"Aloqabank\" by 0 .03%, an increase in inflation by 1%, the volume of letters of credit of commercial banks by 0.34% and an increase in the annual interest rate of loans in national currency by 1% will lead to an increase in the amount of the commercial bank's letter of credit by 3.08%. However, an increase in the annual devaluation of the soum against the US dollar by 1% leads to a decrease in the amount of letters of credit of commercial banks by 0.34%. In general, excluding other factors, the simultaneous growth of DS - the amount of deposits, IF - the annual rate of inflation, DV - the annual devaluation of the soum against the US dollar, KF - the average annual interest rate on loans in national currency, IM - imports by 1% leads to an increase in the amount of the letter of credit of a commercial bank by 4.167%. Summing up our econometric model, it should be noted that, taking other factors into account, a 1% increase in deposits would increase the volume of letters of credit of JSC \"Aloqabank\" by 0.03%, an increase in inflation by 1%, the volume of letters of credit of commercial banks by 0.34% and an increase in the annual interest rate of loans in national currency by 1% will lead to an increase in the amount of the commercial bank's letter of credit by 3.08%. However, an increase in the annual devaluation of the soum against the US dollar by 1% leads to a decrease in the amount of letters of credit of commercial banks by 0.34%. In general, excluding other factors, the simultaneous growth of DS - the amount of deposits, IF - the annual rate of inflation, DV - the annual devaluation of the soum against the US dollar, KF - the average annual interest rate on loans in national currency, IM - imports by 1% leads to an increase in the amount of the letter of credit of a commercial bank by 4.167%."},{"key":"e_1_3_2_1_9_1","unstructured":"REFERENCES  REFERENCES"},{"key":"e_1_3_2_1_10_1","volume-title":"PF-5177 of","author":"Decree No.","year":"2017","unstructured":"Decree of the President of the Republic of Uzbekistan No. PF-5177 of September 2, 2017 \"On the state of priority measures of liberal management of foreign exchange legislation\".(lex.uz\/docs\/3326421) Decree of the President of the Republic of Uzbekistan No. PF-5177 of September 2, 2017 \"On the state of priority measures of liberal management of foreign exchange legislation\".(lex.uz\/docs\/3326421)"},{"key":"e_1_3_2_1_11_1","volume-title":"under red. - M .: KNORUS","author":"Lavrushina Bankovskoe","year":"2016","unstructured":"O.I. Lavrushina Bankovskoe case. Textbook. under red. - M .: KNORUS , 2016 . \u2013 800p. http:\/\/www.library.ugatu.ac.ru\/pdf\/teach\/Bank_delo_Lavrushin_10_2013.pdf O.I. Lavrushina Bankovskoe case. Textbook. under red. - M .: KNORUS, 2016. \u2013 800p. http:\/\/www.library.ugatu.ac.ru\/pdf\/teach\/Bank_delo_Lavrushin_10_2013.pdf"},{"key":"e_1_3_2_1_12_1","unstructured":"Z.A Kholmakhmadov Opportunities to ensure the sustainability of commercial banks on the basis of advanced foreign experience \/\/ Scientific electronic journal \"International Finance and Accounting\". - Tashkent 2017. - \u21164. - B. https:\/\/www.interfinance.uz\/files\/501\/% .pdf  Z.A Kholmakhmadov Opportunities to ensure the sustainability of commercial banks on the basis of advanced foreign experience \/\/ Scientific electronic journal \"International Finance and Accounting\". - Tashkent 2017. - \u21164. - B. https:\/\/www.interfinance.uz\/files\/501\/% .pdf"},{"key":"e_1_3_2_1_13_1","volume-title":"banking and financial markets","author":"Mishkin Economic","year":"2013","unstructured":"F.S. Mishkin Economic theory of money , banking and financial markets . 7 th ed. Translated English - M .: OOO \"I.D. Williams \", 2013 . - 880 p. http:\/\/ijevanlib.ysu.am\/wp-content\/uploads\/2018\/03\/mishkin.pdf F.S. Mishkin Economic theory of money, banking and financial markets. 7th ed. Translated English - M .: OOO \"I.D. Williams \", 2013. - 880 p. http:\/\/ijevanlib.ysu.am\/wp-content\/uploads\/2018\/03\/mishkin.pdf","edition":"7"},{"key":"e_1_3_2_1_14_1","unstructured":"www.cbu.uz website (Central Bank of the Republic of Uzbekistan) www.stat.uz website (State Statistics Committee of the Republic of Uzbekistan).  www.cbu.uz website (Central Bank of the Republic of Uzbekistan) www.stat.uz website (State Statistics Committee of the Republic of Uzbekistan)."},{"key":"e_1_3_2_1_15_1","unstructured":"www.cbu.uz (Exchange rates) website (Central Bank of the Republic of Uzbekistan).  www.cbu.uz (Exchange rates) website (Central Bank of the Republic of Uzbekistan)."},{"key":"e_1_3_2_1_16_1","unstructured":"www.cbu.uz- Information on the official website of the Central Bank of the Republic of Uzbekistan.  www.cbu.uz- Information on the official website of the Central Bank of the Republic of Uzbekistan."},{"key":"e_1_3_2_1_17_1","unstructured":"Catao L. Terrones M. Fiscal Deficits and Inflation \/\/ Working Paper. 65. IMF. \u2013 \u0420.63 - 67. https:\/\/www.imf.org\/external\/pubs\/ft\/wp\/2003\/wp0365.pdf  Catao L. Terrones M. Fiscal Deficits and Inflation \/\/ Working Paper. 65. IMF. \u2013 \u0420.63 - 67. https:\/\/www.imf.org\/external\/pubs\/ft\/wp\/2003\/wp0365.pdf"},{"key":"e_1_3_2_1_18_1","volume-title":"What Drives Inflation in the World\/\/Central bank of Chile Working Papers","author":"Calderon C.","year":"2008","unstructured":"Calderon C. , Schmidt-Hebbel K. What Drives Inflation in the World\/\/Central bank of Chile Working Papers , 2008 . \u2013 \u2116 491. \u2013 P. 1-20. https:\/\/www.rba.gov.au\/publications\/confs\/2009\/pdf\/calderon-schmidt-hebbel.pdf Calderon C., Schmidt-Hebbel K. What Drives Inflation in the World\/\/Central bank of Chile Working Papers, 2008. \u2013 \u2116 491. \u2013 P. 1-20. https:\/\/www.rba.gov.au\/publications\/confs\/2009\/pdf\/calderon-schmidt-hebbel.pdf"},{"key":"e_1_3_2_1_19_1","volume-title":"Problems of ensuring the stability of the national currency in the Republic of Uzbekistan and ways to solve them. dissertation. avtoref. - Tashkent: BMA","author":"Bobakulov T.I.","year":"2008","unstructured":"Bobakulov T.I. Problems of ensuring the stability of the national currency in the Republic of Uzbekistan and ways to solve them. dissertation. avtoref. - Tashkent: BMA , 2008 . - 33 p .; http:\/\/el.tfi.uz\/images\/Akbarov_MD_uz_ae6dc.pdf Bobakulov T.I. Problems of ensuring the stability of the national currency in the Republic of Uzbekistan and ways to solve them. dissertation. avtoref. - Tashkent: BMA, 2008. - 33 p .; http:\/\/el.tfi.uz\/images\/Akbarov_MD_uz_ae6dc.pdf"},{"key":"e_1_3_2_1_20_1","unstructured":"Compiled on the basis of the consolidated balance sheet of the Commercial Bank \"Aloqabank\" and statistics of the Central Bank of the Republic of Uzbekistan. www.cbu.uz  Compiled on the basis of the consolidated balance sheet of the Commercial Bank \"Aloqabank\" and statistics of the Central Bank of the Republic of Uzbekistan. www.cbu.uz"},{"key":"e_1_3_2_1_21_1","unstructured":"Prepared by the author using the Eviews program.  Prepared by the author using the Eviews program."},{"key":"e_1_3_2_1_22_1","first-page":"20","volume":"200","author":"Malykh A. V.","unstructured":"Malykh A. V. Documentary letter of credit in international trade \/\/ Finance and credit. - Moscow , 200 7. \u2013\u211647. - S. 20 - 31 .https:\/\/cyberleninka.ru\/article\/n\/dokumentarnyy-akkreditiv-v-mezhdunarodnoy-torgovle. Malykh A. V. Documentary letter of credit in international trade \/\/ Finance and credit. - Moscow, 2007. \u2013\u211647. - S. 20-31.https:\/\/cyberleninka.ru\/article\/n\/dokumentarnyy-akkreditiv-v-mezhdunarodnoy-torgovle.","journal-title":"Moscow"},{"key":"e_1_3_2_1_23_1","volume-title":"Financial management in a commercial bank and in the financial services industry. Per. from English - M .: Alpina Publisher","author":"Sinky J.","year":"2017","unstructured":"Sinky J. Financial management in a commercial bank and in the financial services industry. Per. from English - M .: Alpina Publisher , 2017 .\u2013 S. 807. https:\/\/altairbook.com\/books\/5080444-finansovyy-menedjment-v-kommercheskom-banke-i-v-industrii-finansovyh-uslug.html. Sinky J. Financial management in a commercial bank and in the financial services industry. Per. from English - M .: Alpina Publisher, 2017 .\u2013 S. 807. https:\/\/altairbook.com\/books\/5080444-finansovyy-menedjment-v-kommercheskom-banke-i-v-industrii-finansovyh-uslug.html."}],"event":{"name":"ICFNDS 2021: The 5th International Conference on Future Networks & Distributed Systems","acronym":"ICFNDS 2021","location":"Dubai United Arab Emirates"},"container-title":["The 5th International Conference on Future Networks & Distributed Systems"],"original-title":[],"link":[{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/3508072.3508208","content-type":"unspecified","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/dl.acm.org\/doi\/pdf\/10.1145\/3508072.3508208","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,6,17]],"date-time":"2025-06-17T20:12:31Z","timestamp":1750191151000},"score":1,"resource":{"primary":{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/3508072.3508208"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2021,12,15]]},"references-count":23,"alternative-id":["10.1145\/3508072.3508208","10.1145\/3508072"],"URL":"https:\/\/doi.org\/10.1145\/3508072.3508208","relation":{},"subject":[],"published":{"date-parts":[[2021,12,15]]},"assertion":[{"value":"2022-04-13","order":2,"name":"published","label":"Published","group":{"name":"publication_history","label":"Publication History"}}]}}