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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">caer</journal-id><journal-title-group><journal-title xml:lang="ru">Central Asian Economic Review</journal-title><trans-title-group xml:lang="en"><trans-title>Central Asian Economic Review</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2789-4398</issn><issn pub-type="epub">2789-4401</issn><publisher><publisher-name>Университет Нархоз</publisher-name></publisher></journal-meta><article-meta><article-id custom-type="elpub" pub-id-type="custom">caer-210</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ФИНАНСЫ И АНАЛИЗ</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>FINANCE AND ANALYSIS</subject></subj-group></article-categories><title-group><article-title>ҚАЗАҚСТАН РЕСПУБЛИКАСЫНДА ҰЛТТЫҚ ВАЛЮТАНЫ ТҰРАҚТАНДЫРУ САЯСАТЫНЫҢ ТИІМДІЛІГІ</article-title><trans-title-group xml:lang="en"><trans-title>THE EFFECTIVENESS OF THE POLICY OF STABILIZATION OF THE NATIONAL CURRENCY IN THE REPUBLIC OF KAZAKHSTAN</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Байшоланова</surname><given-names>К. С.</given-names></name><name name-style="western" xml:lang="en"><surname>Baisholanova</surname><given-names>K. S.</given-names></name></name-alternatives><bio xml:lang="en"><p>Doctor of Economics, Acting Professor</p><p>Almaty</p></bio><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Сартанова</surname><given-names>Н. Т.</given-names></name><name name-style="western" xml:lang="en"><surname>Sartanova</surname><given-names>N. T.</given-names></name></name-alternatives><bio xml:lang="en"><p>Ph.D., Associate Professor</p><p>Kostanay</p></bio><xref ref-type="aff" rid="aff-2"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Жанибекова</surname><given-names>Г. К.</given-names></name><name name-style="western" xml:lang="en"><surname>Zhanibekova</surname><given-names>G. K.</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD, Acting Associate Professor</p><p>Almaty</p></bio><xref ref-type="aff" rid="aff-3"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="en">Al-Farabi Kazakh National University<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-2"><aff xml:lang="en">Kostanay State University named after A.Baitursynov<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-3"><aff xml:lang="en">Caspian University<country>Kazakhstan</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2018</year></pub-date><pub-date pub-type="epub"><day>28</day><month>10</month><year>2018</year></pub-date><volume>0</volume><issue>5-6</issue><fpage>146</fpage><lpage>154</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Байшоланова К.С., Сартанова Н.Т., Жанибекова Г.К., 2018</copyright-statement><copyright-year>2018</copyright-year><copyright-holder xml:lang="ru">Байшоланова К.С., Сартанова Н.Т., Жанибекова Г.К.</copyright-holder><copyright-holder xml:lang="en">Baisholanova K.S., Sartanova N.T., Zhanibekova G.K.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://caer.narxoz.kz/jour/article/view/210">https://caer.narxoz.kz/jour/article/view/210</self-uri><abstract><p>Статья посвящена проблеме стабилизации национальной валюты и эффективности валютной политики, проводимой Национальным Банком Республики Казахстан. Авторами статьи проанализированы показатели валютных операций за последние пять лет. В заключении оценена эффективность денежно-кредитной политики Национального Банка Республики Казахстан.</p></abstract><trans-abstract xml:lang="en"><p>Purpose – Study of the effectiveness of the monetary policy of the National Bank of the Republic of Kazakhstan and suggest directions for its improvement. The study of the theoretical and methodological foundations of monetary policy, the mechanism for implementing monetary policy in the Republic of Kazakhstan, determining the importance of the exchange rate as a regulatory tool, identifying monetary policy problems and proposing ways to improve it.Methodology – when writing the article, were used the following methods of economic analysis: a synthesis of theoretical concepts, methods of expert, mathematical and economic analysis.Originality – the results and proposals presented in the article can be used in the preparation of the monetary policy of the National Bank of the Republic of Kazakhstan and in the implementation of the monetary policy of commercial banks.Findings – the effectiveness of the monetary policy of the National Bank of the Republic of Kazakhstan was evaluated and ways for its improvement were proposed.</p></trans-abstract><kwd-group xml:lang="en"><kwd>monetary policy</kwd><kwd>exchange rate</kwd><kwd>currency regulation</kwd><kwd>monetary policy</kwd><kwd>stabilization</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Никитинская Ю.В., Нечаева Т.В. 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