Tag Archives: Sanctions

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

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Crisis in Russia hits hard Uzbek working migrants

It is estimated that 4-6 million people are  currently earning money outside the country with 30 million inhabitants (nearly one-third of the working population), mainly in the Russian Federation. In particular, in Russia at the moment are officially 2.7 million … Continue reading

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Prices on fruits and vegetables expected to rise by 20% the next year in Uzbekistan

In 2015 Uzbekistan  plans to export almost 400 thousand tons of fruits and vegetables to Russia. This is 150 thousand tons more than the expected. “According to experts in Uzbekistan, this growth will come from the domestic market, which will … Continue reading

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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

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Russia on the verge of criсis?!

US-EU sanctions and negative trends in the Russian economy affect the republics of Central Asia, the economy and society which are more or less oriented towards Russia. Emotional comment Edil Baisalov regard to the situation in Kyrgyzstan may be of … Continue reading

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