What happened
The Central Bank updated the current exchange rates for December 5.
- Growth: euro and ruble.
- Decline: dollar.
- Commercial banks are selling the dollar at 12,020 soums on December 5th.
Central Bank’s full forecast:
- US dollar – 11,963.23 soums (+50.85);
- Euro – 13,970.66 soums (+97.5);
- Pound sterling – 15,966.13 soums (+147.68);
- Russian ruble – 155.35 soums (+0.31);
- Chinese yuan – 1,691.70 soums (+5.47);
- Japanese yen – 77.27 soums (+0.72).
Dollar in commercial banks as of December 5:
- Hayot Bank: sale – 12,020 soums;
- KDB Bank Uzbekistan: sale – 12,020 soums;
- Ziraat Bank: sale – 12,020 soums;
- APEXBANK: sale – 12,020 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.