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Dollar exchange rate for May 12: the currency continues to hold its position

The Central Bank forecasts growth in the euro and the ruble.

The Central Bank has updated the latest foreign exchange rates for May 12.

  • Growth: dollar and euro, ruble.
  • In commercial banks, the dollar is being sold at 12,170 soums as of May 12.

Central Bank’s full forecast:

  • Dollar — 12,141.94 soums (+26.97);
  • Euro — 14,289.85 soums (+29.32);
  • Ruble — 162.63 soums (+0.56);
  • Pound sterling — 16,531.25 soums (+31.87);
  • Japanese yen — 77.49 soums (+0.02);
  • Chinese yuan — 1,785.16 soums (+4.04).

Dollar exchange rates in commercial banks for May 12:

  • Anorbank: selling rate — 12,140 soums;
  • Asia Alliance Bank: selling rate — 12,160 soums;
  • Tenge Bank: selling rate — 12,170 soums;
  • Octobank: selling rate — 12,170 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.

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