Finance
Finance
Uzbek Households Sell Record US$12.3 Billion to Banks
Uzbek households sold a record US$12.3 billion in foreign currency to commercial banks in the first half of 2026, the Central Bank said.
Uzbekistan's FX Supply Outpaced Demand in H1, Central Bank Says
Foreign currency supply in Uzbekistan grew faster than demand in the first half of 2026, while the soum remained broadly …
Uzbek Soum Strengthens Against US Dollar
The Uzbek soum strengthened 0.56% against the US dollar over the past week, supported by economic growth, according to Alpari …
World Bank Approves US$20 Million Central Asia Water Project
The World Bank approved a US$20 million grant to strengthen transboundary water cooperation in Central Asia, benefiting an estimated 40 …
Uzbekistan, Bank of Korea Launch Monetary Policy Study
The Central Bank of Uzbekistan and the Bank of Korea have launched a joint research project on improving monetary policy …
Central Bank, Mathematics Institute Launch Research Program
Uzbekistan's Central Bank and the V.I. Romanovsky Institute of Mathematics have launched a joint research program on economic modelling and …
Turonbank to Raise Capital by 700 Billion Soums
Turonbank will issue nearly 700 billion soums in new shares, all of which will be placed with Uzbekistan's sovereign wealth …
ADB and Japan Launch US$10 Million Water Security Fund
ADB and Japan launched the WISER Fund with an initial US$10 million contribution to strengthen water security across Asia and …
TBC Bank Reports 185% Rise in First-Half Net Profit
TBC Bank's first-half net profit rose 185.1% to 288.1 billion soums, while its non-performing loan ratio increased to 10.4%.
Uzbekistan Shadow Economy Halves Since 2019
Uzbekistan's unobserved economy dropped from 50% of GDP in 2019 to about 25% by 2025, according to the Fiscal Strategy …