Precious Metals Fall as Industrial Metals Rally Globally
Precious metals declined while industrial metals surged amid Fed policy expectations, with copper hitting record highs above US$6.65 per pound.
Metal markets split between correction and growth trends
Global metal markets show mixed dynamics, with precious metals correcting after gains while industrial metals remain supported by strong demand.
Uzbekistan Investment Fund IPO Signals Investor Trust
UzNIF IPO on the Tashkent and London exchanges raised US$691.5 million, was oversubscribed four times, and signals rising global investor confidence in Uzbekistan.
Uzbek soum remains stable: supported by gold and slowing inflation
As of 21 May 2026, the Uzbek soum against the US dollar remained at around 12,055. This means that despite intra-week fluctuations, the soum has maintained a relatively …
Uzbek Soum Weakens to 12,050 Against US Dollar
The Uzbek soum fell 0.67% against the U.S. dollar to 12,050 as Uzbekistan’s central bank kept interest rates unchanged at 14%.
Uzbekistani Soum Remains Stable
As of 15 January 2026, the Uzbekistani soum remained virtually unchanged against the US dollar.
Uzbekistan’s Soum Starts the Year on a Strong Note
As of 8 January 2026, the Uzbek soum continues to strengthen against the US dollar, with the exchange rate at 11,980 soums per dollar. Since December 25, the …
Uzbekistani Soum Strengthens Nearly 7% Against US Dollar in 2025
As of 25 December 2025, the Uzbekistani soum continued a moderate appreciation, with the US dollar trading at 12,062 soums.
Uzbek Soum Continues to Strengthen, but Pace Slows
As of 6 November 2025, the Uzbek soum has strengthened, though not as sharply as in previous weeks.
Uzbek Soum Halts Rally, Market Stabilizing
As of 16 October 2025, the Uzbek soum has lost its upward momentum, with the US dollar strengthening to 12,200 soums.