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Tag Archives: currency
Russia’s rouble crisis poses threat to nine countries relying on remittances
Drop in rouble value not only decimating amount sent home by workers from Caucasus and central Asia, but could lead to political unrest suggest Shaun Walker and Alberto Nardelli in their publication in Guardian.
Opinion: Uzbekistan expects “double-digit inflation” and riots
The national currency of Uzbekistan continues devaluation against US dollar, loosing about 10% during over the last week. IA REGNUM published prognosis by an Uzbek expert, who preferred to remain anonymous.
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 … Continue reading
Depriciated Russian ruble is dragging down the Uzbek som
Russian expert said Arslan Magomedov: Uzbek national currency som vs USD and other currencies will be falling in relation to the economic situation in Russia. He noted that due to the devaluation of the Russian ruble Uzbek migrant workers are … Continue reading