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Central Bank directs US$2.4 billion to maintain the exchange rate

UzDaily · 06.04.2022 · 18:16 · 819 views
Central Bank directs US$2.4 billion to maintain the exchange rate
Central Bank directs US$2.4 billion to maintain the exchange rate

Tashkent, Uzbekistan (UzDaily.uz) -- In January-March 2022, the Central Bank of Uzbekistan directed US$2.4 billion for foreign exchange intervention. This is stated in the report of the regulator.

Foreign exchange interventions served as a mitigating factor to prevent sharp exchange rate fluctuations in the face of external risks, the Central Bank noted.