What happened
The Central Bank updated the current exchange rates for December 29.
- Fall: dollar, euro and ruble.
- Commercial banks are selling the dollar at 12,125 soums on December 29th.
Central Bank’s full forecast:
- Dollar — 12 057,32 soums (-21.15);
- Euro — 14 192,67 soums (-41.81);
- Ruble — 155,16 soums (-0.07);
- Pound sterling — 16 260,50 soums (-74.42);
- Yen — 77,06 soums (-0.44)
- Yuan — 1 720,73 soums (-3.26).
Dollar in commercial banks as of December 29:
- Agrobank: sale — 12 125 soums;
- Orient Finans Bank: sale — 12 130 soums;
- Poytaxt bank: sale — 12 130 soums;
- KDB Bank Uzbekistan: sale — 12 135 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.