What happened
The Central Bank updated the current exchange rates for December 24.
- Growth: dollar, euro and ruble.
- Commercial banks are selling dollars at 12,110 soums on December 24.
Central Bank’s full forecast:
- Dollar — 12 052.33 soums (+41.9);
- Euro — 14 213.31 soums (+125.08);
- Ruble — 153.71 soums (+2.46);
- Pound sterling — 16 277.88 soums (+153.88);
- Yen — 77.28 soums (+1);
- Yuan — 1 714.88 soums (+8.13)
Dollar in commercial banks as of December 24:
- KDB Bank Uzbekiston: sale — 12 110 soums;
- Trastbank: sale — 12 110 soums;
- Ziraat Bank: sale — 12 110 soums;
- Poytaxt bank: 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.