Central Bank directs US$2.4 billion to maintain the exchange rate

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Finance 06/04/2022 Central Bank directs US$2.4 billion to maintain the exchange rate

Central Bank directs US$2.4 billion to maintain the exchange rate

Tashkent, Uzbekistan (UzDaily.com) -- In January-March 2022, the Central Bank of Uzbekistan directed US$2.4 billion for foreign exchange intervention. This is stated in the report of the regulator.

Foreign exchange interventions served as a mitigating factor to prevent sharp exchange rate fluctuations in the face of external risks, the Central Bank noted.

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