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EBRD to support dev’t of money market in Uzbekistan

Uzbekistan Materials 26 February 2022 10:20 (UTC +04:00)

BAKU, Azerbaijan, Feb.26

By Natavan Rzayeva - Trend:

European Bank for Reconstruction and Development (EBRD) will support the development of the money market in Uzbekistan, Trend reports via the Uzbek Central Bank’s statement.

A delegation from the EBRD, headed by Treasury Director Axel van Nederveen, visited the Central Bank of Uzbekistan, where they met with the leadership of the bank.

During the meeting, the parties discussed the activities of the working group, within which representatives of the Central Bank and the EBRD cooperate in the development of the money market.

The management of the Central Bank noted that the technical assistance provided by the EBRD on liquidity forecasting and management improved the work of the bank in this area.

The parties exchanged views on improving the efficiency of ongoing monetary operations, and also identified further prospects for bilateral cooperation.

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Follow the author on Twitter: @NatavanRzayeva5

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