PDF
ZENODO
Published
2026-01-27
Section
Articles
How to Cite
How to Cite
METHODS OF MANAGING CURRENCY RISKS IN FOREIGN ECONOMIC ACTIVITY
Allayarov Amirxan
Master's Student Department of Economics Faculty of Social Sciences and Technology. Asia International University
Keywords: currency risk, exchange rate management, foreign exchange hedging, risk mitigation, international trade, financial derivatives, forward contracts, currency options, natural hedging, exposure management
Abstract
This article analyzes methods of managing currency risks in foreign economic activity based on empirical evidence from Uzbekistan and international experience covering 2020-2024.
References
1. Allayannis G., Ofek E. Exchange Rate Exposure, Hedging, and the Use of Foreign Currency Derivatives // Journal of International Money and Finance. – 2001. – Vol. 20(2). – P. 273-296.
2. Central Bank of Uzbekistan. Foreign Exchange Market Report 2024. – Tashkent: CBU, 2024.
3. Ministry of Investment and Foreign Trade. Foreign Trade Statistics 2024. – Tashkent: MIFT, 2024.
4. Bartram S.M., Brown G.W., Minton B.A. Resolving the Exposure Puzzle // Journal of Finance. – 2010. – Vol. 65(2). – P. 777-802.
5. Presidential Decree of the Republic of Uzbekistan PP-4947. December 14, 2020.
6. Géczy C., Minton B.A., Schrand C. Why Firms Use Currency Derivatives // Journal of Finance. – 1997. – Vol. 52(4). – P. 1323-1354.
7. International Monetary Fund. Annual Report on Exchange Arrangements 2024. – Washington: IMF, 2024.
8. Aabo T., Hansen M., Pantzalis C. Corporate Foreign Exchange Speculation // Journal of Corporate Finance. – 2015. – Vol. 34. – P. 1-17.
9. State Statistics Committee. External Sector Statistics 2024. – Tashkent: SSC, 2024.
10. Bank for International Settlements. Triennial Central Bank Survey of Foreign Exchange Markets 2022. – Basel: BIS, 2022.
