Foreign exchange turnover increases

According to the Central Bank, the volume of demand and supply for foreign currency in Uzbekistan’s domestic foreign exchange market increased significantly from January to April.

This became known through an analysis of the country’s financial indicators.

The total demand for foreign currency from legal entities and individuals amounted to $20.4 billion, 24.3 percent higher than the same period in 2025. Last year, the figure stood at $16.4 billion. Of this amount, nearly $16 billion was for foreign currency purchases by legal entities, and $4.4 billion by individuals.

At the same time, the supply of foreign currency on the domestic foreign exchange market also rose. In particular, the total supply of foreign currency from legal entities and individuals increased by 33.9 percent, or almost $4.6 billion, compared with the same period in 2025, reaching $18 billion. In the first four months, the population sold $8.2 billion to commercial banks, while legal entities sold $9.8 billion.

The stability of the national currency’s exchange rate was maintained. The dollar exchange rate fluctuated between 11,938 and 12,320 UZS, and by the end of the period, the national currency had strengthened by 0.6 percent. Exchange rate volatility averaged 28.5 UZS, or 0.23 percent.

Sh. Mamaturopova, UzA