Monetary policy: theoretical and practical isues

This article indicates the monetary policy, and examines the scientific andtheoretical views of foreign economists in this regard. Also, the influence of monetary policyinstruments on the supply and demand of money in the economy is analyzed. In particular, thechange in the refinancing rate on the growth rate of monetary aggregates in Uzbekistan. Scientific,practical proposals and recommendations have been developed to increase the role of monetarypolicy in Uzbekistan.