What happened
The Central Bank updated the current exchange rates for December 25.
- Growth: dollar, euro and ruble.
- Commercial banks are selling the dollar at 12,125 soums on December 25th.
Central Bank’s full forecast:
- Dollar — 12 067.60 soums (+15.27);
- Euro — 14 239.77 soums (+26.46);
- Ruble — 153.71 (unchanged);
- Pound sterling — 16 317.81 soums (+39.93);
- Yen — 77.44 soums (+0.16);
- Yuan — 1 720.48 soums (+5.6).
Dollar in commercial banks as of December 25:
- KDB Bank Uzbekiston: sale — 12 125 soums;
- Garant bank: sale — 12 125 soums;
- Ipoteka bank: sale — 12 125 soums;
- Kapitalbank: sale — 12 125 soums;
Context
- The exchange rate of foreign currencies in Uzbekistan fluctuates depending on global trade trends, external market influences, energy costs, and seasonal business demand.
- The dollar is a key global currency for import settlements — therefore, any fluctuations are reflected in the final prices.