Banks in Uzbekistan have introduced restrictions on foreign currency exchange operations as the country experiences an acute shortage of dollar and euro bills. Workers at several banks in Tashkent ...
Uzbekistan says it will liberalize its currency regulations, no longer fixing the som to the U.S. dollar and removing restrictions on the amount of foreign currencies individuals and companies can buy ...
Hot on the heels of a corruption scandal in Uzbekistan’s financial sector comes news that a commercial bank that has foreign shareholders has been barred from conducting hard currency operations. The ...
Not everyone in Uzbekistan is happy with the government's decision to liberalize currency regulations as of September 5. Under the new regulations, the Uzbek currency, the som, will no longer be fixed ...
Interest rates in Uzbekistan are showing a gradual decline in local-currency loans, while deposit rates remain relatively stable. Gain access to all that Trend has to offer, as well as to premium, ...
Uzbekistan’s national currency strengthened by 7 percent in the first ten months of 2025, supported by rising exports, record remittances, and growing foreign investment Gain access to all that Trend ...