Why is this important
The dollar continues to be the primary currency for international trade and savings. Fluctuations in the exchange rate directly influence imports, commodity prices, and inflation forecasts.
What happened
- Forecasted growth — approximately 62-63 soums.
- The official rate for September 4th is 12,374.55 soums per $1 (down 48.35 soums compared to the previous day).
Context
At the start of September, the dollar exchange rate stayed within the range of 12,370-12,480 soums. Small fluctuations are attributed to the balance of supply and demand in the foreign exchange market.
