What happened
The Central Bank updated the current exchange rates for January 3.
- Fall: dollar, euro and ruble.
- Commercial banks are selling the dollar at 12,085 soums as of January 3rd.
Dollar in commercial banks as of January 3:
- Tenge Bank: sale — 12 080 soums;
- Orient Finans Bank: sale — 12 080 soums;
- Asia Alliance Bank: sale — 12 085 soums;
- KDB Bank Uzbekiston: sale — 12 085 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.