What happened
- The Central Bank updated the current exchange rates for January 16.
- Fall: dollar, euro and ruble.
- Commercial banks are selling the dollar at 12,060 soums as of January 16.
Central Bank’s full forecast:
- Dollar — 11 969.66 soums (-32.05);
- Euro — 13 927.90 soums (-56.49);
- Ruble — 152.56 soums (-0.31);
- Pound sterling —16 083.63 soums (-67.07);
- Japanese yen — 75.57 soums (-0.02);
- Chinese yuan — 1 718.00 soums (-3.37).
Dollar in commercial banks as of January 16:
- Garant bank: sale — 12 025 soums;
- KDB Bank Uzbekiston: sale — 12 025 soums;
- Poytaxt bank: sale — 12 025 soums;
- Trastbank: sale — 12 060 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.
