THE MODEL OF DEMAND FOR CASH IN THE UDMURT REPUBLIC (based on the materials of the Department-National Bank of the Udmurt Republic)

This article examines and analyzes the factors that can affect the demand for cash in the Udmurt Republic, which allows you to evaluate and plan cash flows, make informed decisions based on forecasts and ensure the stability of the economy of the Udmurt Republic. Based on the analysis of the factors accepted for consideration and the actual information on the demand for cash of different denominations, a correlation between the studied factors and the demand for cash in the Udmurt Republic has been revealed. The study provides statistical data on cash demand expenditure transactions conducted at the Branch - the National Bank of the Udmurt Republic of the Volga-Vyatka Main Directorate of the Central Bank of the Russian Federation (hereinafter - the Branch-the National Bank of the Udmurt Republic), an analysis of factors that may affect the demand for cash. The conclusion is made about the need for additional research on the selection of factors aimed at developing a predictive model and testing scientifically based methods of predictive analysis. The results of the study can be used not only to improve the forecasting of demand for cash, but also to develop recommendations for optimizing monetary policy. This, in turn, will contribute to strengthening the financial stability of the region and improving the standard of living of its residents. It is important to note that an effective monetary policy based on in-depth analytical research can help mitigate the negative effects of economic crises and ensure sustainable growth. This study not only enriches the theoretical base in the field of cash circulation, but also offers solutions that can be applied to improve the financial literacy of the population and improve the quality of life in the Udmurt Republic. Ultimately, understanding the factors influencing the demand for cash is a key element for building a sustainable and adaptive economy capable of responding to the challenges of the modern world.