currency exchange rate 3 financial market 2 financial system 2 Bitcoin 1 Caucasus 1 Central Asia 1 De-dollarization 1 Exchange rates 1 Financial development 1 Financial dollarization 1 Forward guidance 1 Tajikistan 1 Unconventional monetary policy 1 United States 1 Zero-lower bound 1 bubbles 1 cost of production 1 cryptocurrency 1 deposit insurance 1 dollarization 1 empirical analysis 1 foreign direct investment 1 inflation 1 insurance system 1 interest rate 1 macroeconomics 1 model test 1 model testing 1 monetary policy 1