Why is this important
The rise in foreign currency exchange rates increases the cost of imported goods and services and affects fuel prices.
What happened
- The US dollar increased to 12,314.71 soums;
- The euro increased to 14,579.39 soums.
What they say
Experts note that the strengthening of the dollar and euro could be due to external pressure and the devaluation of neighboring currencies.
Context
The exchange rate of the Uzbek sum is regulated officially. The Central Bank regularly reviews exchange rates depending on the internal and external situation. Cash market and bank rates may differ from the official ones.
