What happened
The Central Bank updated the latest exchange rates for May 3.
- Growth: the dollar, ruble, and euro.
- In commercial banks, the dollar is being sold at 11,970 soums on May 3.
Dollar exchange rates in commercial banks on May 3:
- Asakabank: selling — 11,960 soums;
- Anorbank: selling — 11,960 soums;
- Uzbek Industrial and Construction Bank: selling — 11,970 soums;
- Agrobank: selling — 11,970 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.
