Uzbekistan poised to float currency

Uzbek capital Tashkent at night
Tashkent, capital of Uzbekistan

Uzbekistan is on the brink of floating its currency, in a move that will likely trigger economic turbulence and see the central bank take on a new approach to monetary policy.

A decree issued by president Shavkat Mirziyoyev specifies that from September 5, residents of Uzbekistan will be able to freely buy and sell currency. The decree also cancels a rule that forces exporters to sell foreign currency to the government at the official rate.

The text specifies “exclusive use of market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: