What happened
The Central Bank updated the current exchange rates for January 11.
- Growth: dollar and ruble;
- Decline: euro.
- Commercial banks are selling dollars at 12,190 soums as of January 11th.
Dollar in commercial banks as of January 11:
- Ipoteka bank: sale — 12 190 soums;
- Ziraat Bank: sale — 12 190 soums;
- APEXBANK: sale — 12 190 soums;
- National bank: sale — 12 190 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.