Why is this important
Currency growth reflects increased demand for dollars and euros, as well as fluctuations in the global market. This affects import prices and inflation expectations within the country.
What happened
- Banks sell dollars at 12,510-12,580 soums;
- Minimum exchange rate — in Tenge Bank (12,480);
- Purchase rate: from 12,375 soums (minimum) to 12,435 soums (Asia Alliance Bank, BRB);
- The euro and pound have reached new highs since mid-August.
Context
At the beginning of September, the dollar remained below 12.4 thousand soums. A sharp increase in one day is the first in the last two weeks. The Central Bank continues to set the official exchange rate daily based on exchange trading.
