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Uzbek Central bank reveals its main rate

Uzbekistan Materials 27 October 2022 17:00 (UTC +04:00)
Uzbek Central bank reveals its main rate
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, October 27. The Central bank of Uzbekistan left its main rate unchanged at 15 percent per annum, Trend reports via the bank's statement.

Previously, on July 21, the main rate of the Central bank of Uzbekistan was decreased by 1 percent and set at 15 percent per annum.

On June 9, 2022, the main rate of the Central bank of Uzbekistan was decreased by 1 percent and set at 16 percent per annum.

In April 2022 the Board of the Central Bank of Uzbekistan decided to leave the main rate unchanged at the level of 17 percent per annum.

According to the bank, changes in external economic conditions in March had a positive impact on the domestic foreign exchange market, inflation and devaluation expectations, and the dynamics of bank deposits.

On March 17, 2022 the main rate of the Central bank of Uzbekistan was increased by 3 percent and set at 17 percent per annum.

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