Central Bank directs US$300m to support Uzbek soums in 2Q

Tashkent, Uzbekistan (UzDaily.uz) -- The volume of foreign exchange interventions of the Central Bank of Uzbekistan in the second quarter of 2018 made up US$300 million.

The report of the Central Bank “Monetary Policy Review” said that in the first quarter the volume of foreign exchange interventions of the Central Bank reached US$600 million.

In the second quarter, the volume of intervention made up US$300 million, which led to the emergence of an additional unsterilized part of liquidity in the banking system.