What happened
The Central Bank updated the current exchange rates for January 5.
- Fall: dollar, euro and ruble.
- Commercial banks are selling the dollar at 12,004.41 soums as of January 5th.
Central Bank’s full forecast:
- Dollar — 12 004.41 soums (-20.92);
- Euro — 14 129.19 soums (-33.04);
- Ruble — 153.59 soums (-1.66);
- Pound sterling — 16 222.76 soums (-0.61);
- Yen — 76.99 soums (+0.06);
- Yuan — 1 717.79 soums (+1.55).
Dollar in commercial banks as of January 5:
- Tenge Bank: sale — 12 080 soums;
- Hayot 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.