Finance and Investment

15.04.2024

Financing of business initiatives to be improved in Uzbekistan

A Presidential Resolution on additional measures to improve the financing of business initiatives of the population within the framework of family entrepreneurship development programs was adopted.

According to the Resolution, from 1 April 2024, loans under the programs are allocated to self-employed individuals (with the exception of persons with their main...

A Presidential Resolution on additional measures to improve the financing of business initiatives of the population within the framework of family entrepreneurship development programs was adopted.

According to the Resolution, from 1 April 2024, loans under the programs are allocated to self-employed individuals (with the exception of persons with their main...

15.04.2024

Foreign investors commit $40m for Yunusabad dekhkan bazaar reconstruction

Foreign investors pledged an investment of $40 mn towards the reconstruction of the Yunusabad dekhkan bazaar in Tashkent, Uzbekistan. The market, currently occupying a single-storey structure on 4.8 hectares of land, will transform a six-storey building, featuring two underground floors.

The decision to reconstruct the market stems from the Uzbek leader's emphasis on the necessity...

Foreign investors pledged an investment of $40 mn towards the reconstruction of the Yunusabad dekhkan bazaar in Tashkent, Uzbekistan. The market, currently occupying a single-storey structure on 4.8 hectares of land, will transform a six-storey building, featuring two underground floors.

The decision to reconstruct the market stems from the Uzbek leader's emphasis on the necessity...

15.04.2024

Bulls keep sticking to US dollar in Uzbekistsn

The dollar exchange rate on the currency exchange on April 4, rose by 12.07 soum to 12,680.07 soum, thereby setting the official rate of the US national currency rate and the Uzbek Central Bank.

Commercial banks of Uzbekistan bought the dollar for 12,605-12,640 soum and sold it for 12,680-12,745 soum.

On April...

The dollar exchange rate on the currency exchange on April 4, rose by 12.07 soum to 12,680.07 soum, thereby setting the official rate of the US national currency rate and the Uzbek Central Bank.

Commercial banks of Uzbekistan bought the dollar for 12,605-12,640 soum and sold it for 12,680-12,745 soum.

On April...

15.04.2024

Gold and foreign exchange reserves of Uzbekistan hit US$34.19bn

As of 1 April 2024, the volume of gold and foreign exchange reserves of Uzbekistan reached US$34.19 billion, according to data from the Central Bank of Uzbekistan.

According to the regulator, Uzbekistan’s gold and foreign exchange reserves increased by almost US$1.99 billion in March.

The volume of foreign currency assets at the...

As of 1 April 2024, the volume of gold and foreign exchange reserves of Uzbekistan reached US$34.19 billion, according to data from the Central Bank of Uzbekistan.

According to the regulator, Uzbekistan’s gold and foreign exchange reserves increased by almost US$1.99 billion in March.

The volume of foreign currency assets at the...


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