Uzbekistan Economy Finance Technologies Culture Sports Tourism World Media OutReach Newswire
Finance

The volume of sales of foreign currency by individuals increases by 50% in January-July 2020

UzDaily · 17.08.2020 · 15:01 · 360 views
The volume of sales of foreign currency by individuals increases by 50% in January-July 2020
The volume of sales of foreign currency by individuals increases by 50% in January-July 2020

Tashkent, Uzbekistan (UzDaily.uz) -- For January-July 2020, the volume of foreign exchange sales by individuals reached US$2.5 billion, an increase of 50% or US$842 million over the same period of last year.

At the same time, the volume of purchases of foreign currency by individuals amounted to US$2 billion, which is 3 times more than in the corresponding period of last year (US$686 million).

As a result, the positive balance (net supply) on these transactions was US$501 million, which is US$489 million (or 49%) less than in the same period in 2019.