What happened
The Central Bank updated the current exchange rates for January 17.
- Decline: dollar and ruble, euro.
- Commercial banks are selling the dollar at 12,025 soums on January 17.
Dollar in commercial banks as of January 17:
- Poytaxt bank: sale — 12 020 soums;
- Kapitalbank: sale — 12 025 soums;
- KDB Bank Uzbekiston: sale — 12 025 soums;
- Trastbank: sale — 12 025 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.