What happened
- The Central Bank updated the current exchange rates for January 19.
- Fall: dollar, euro and ruble.
- Commercial banks are selling the dollar at 12,025 soums on January 19th.
Central Bank’s full forecast:
- Dollar — 11 962.78 soums (-6.88);
- Euro — 13 887.59 soums (-40.31);
- Ruble — 153.94 soums (+1.38);
- Pound sterling — 16 026.54 soums (-57.09);
- Japanese yen — 75.62 soums (+0.05);
- Chinese yuan — 1 716.50 soums (-1.5).
Dollar in commercial banks as of January 19:
- Garant bank: sale — 12 020 soums;
- KDB Bank Uzbekistan: sale – 12,020 soums;
- Poytaxt bank: sale — 12 020 soums;
- Trastbank: sale — 12 025 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.
