US dollar exchange rate rise by 8% in 10 days.

US dollar exchange rate on the black market” Uzbekistan has grown from 3,420 to 3,750 of Uzbek soums per $ 1. This corresponds to 8% rise in past 10 days.

Black market traders, explain the change by the depreciation of Russian ruble vs USD. According to the traders that caused decrease in dollar currency flow from Russia to Uzbekistan. It should be noted that an “army” of labor workers from Uzbekistan who work in Russia and getting paid in Rubles are sending money back home to Uzbekistan in American dollars.
The official exchange rate of the dollar, as approved by the Central Bank of Uzbekistan, today is 2,430 soums per $ 1. The difference between the official and the “black” rate is almost 35%


About Ahmed Islamov

I was born and raised in Uzbekistan and lived in that country for about two thirds of my life. I left the country about 14 years ago but sustained tight bonds with my family and friends living there. I know and communicate personally with hundreds of people including blue-, white- or pink-collar workers. I am naturally very attached to and concerned with everything that is going on there.
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