Tashkent, Uzbekistan (UzDaily.uz) — Soum remains stable: A confident start to the yearThe Uzbek soum had an active week against the US dollar but ultimately remained exactly where it stood the previous Thursday.
As of 13 March 2025, the US dollar is trading at 12,900 soum, with no change over the past week.
In February, the official exchange rate of the sum strengthened by 0.61% against the dollar, driven by the appreciation of the Russian ruble. Over the first two months of 2025, the soum saw a slight gain against the USD.
One of the key factors supporting the sum’s stability and strengthening is the trajectory of the Russian ruble, influenced by expectations of a potential thaw in US-Russia relations amid ongoing global negotiations.
In the near future, the USD/UZS pair is expected to remain within its current trading range of 12,850–12,950 soum.
Anna Bodrova, Analyst at Alpari
