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News about dollar: events, facts and developments on tafs uz.

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Banker advised Russians not to delay buying dollars and euros

Deputy Chairwoman of the Management Board of the National Savings Bank Elena Marchuk stated that the current dollar and euro exchange rates represent one of the most favorable windows for buying foreign currency in recent months. She recommended buying currency in stages, splitting the amount into parts, to average the rate and reduce dependence on fluctuations.

2 min read

The soum depreciated by 2% over nine trading sessions, returning the dollar rate to its highest level since July 31

The Uzbek soum has been losing value against the dollar for nine consecutive trading sessions: from October 3 to 16, the rate rose from 11,772.95 to 12,011.65 soums (+238.7 soums, about 2%). Economist Mirkomil Kholboev links this to the dollar's strengthening on the global market amid the US Federal Reserve's policy tightening, and also names three possible domestic factors, emphasizing that there is no confirming data yet.

3 min read