Uzbek Central Bank - Growth of dollar, euro to soum is stable | Eurasia Diary - ednews.net

19 August, Monday


Uzbek Central Bank - Growth of dollar, euro to soum is stable

The Central Bank of Uzbekistan published exchange rate which shows stability in national currency.

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The Central Bank of Uzbekistan has published exchange rates that will be effective from July 2, Trend reports.

Central Bank notes that the dollar is 8,574.74 soums, and the euro - 9,747.76.

Unlike the US currency, which shows regular, but gradual growth (+26.60 last week and +14.40 this week), the euro behaves unstably.

Last week, the European currency jumped by 165.96, although it had previously shown a sharp decline. This week, the euro is growing steadily to the soum (+15.80).

After the currency reform in 2017, the Central Bank managed to stabilize its position in the market, but the sum gradually lost its position against world currencies.

However, changes in the course are also seasonal, so after considerable fluctuations and growth in certain periods, it is quite possible to strengthen the soum.

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