What happened
- The Central Bank updated the current exchange rates for January 20.
- Growth: dollar, euro and ruble.
- Commercial banks are selling dollars at 12,110 soums as of January 20.
Central Bank’s full forecast:
- Dollar — 12051.71 soums (+88.93);
- Euro — 14008.91 soums (+121.32);
- Ruble — 154.69 soums (+0.75);
- Pound sterling — 16156.52 soums (+129.98);
- Japanese yen — 76.31 soums (+0.69);
- Chinese yuan — 1730.70 soums (+14.2).
Dollar in commercial banks as of January 20:
- BRB: sale — 12 110 soums;
- Infinbank: sale — 12 110 soums;
- KDB Bank Uzbekiston: sale — 12 110 soums;
- SQB: sale — 12 110 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.