What happened
The Central Bank updated the current exchange rates for January 8.
- Growth: dollar and euro;
- Decrease: ruble;
- Commercial banks are selling the dollar at 12,025 soums as of January 8.
Central Bank’s full forecast:
- Dollar — 12 033.28 soums (+64.69);
- Euro — 14 060.89 soums (+40.88);
- Ruble — 149.30 soums (+1.56);
- Pound sterling — 16 238.91 soums (+38.23);
- Japanese yen — 76.91 soums (+0.37);
- Chinese yuan — 1 720.64 soums (+6.97).
Dollar in commercial banks as of January 8:
- Ipoteka bank: sale — 12 090 soums;
- Garant bank: sale — 12 090 soums;
- KDB Bank Uzbekiston: sale — 12 090 soums;
- Poytaxt bank: sale — 12 090 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.
