Tashkent, Uzbekistan (UzDaily.com) -- The Central Bank of Uzbekistan may increase the volume of interventions in the domestic foreign exchange market to minimize the negative impact of external risks. This was stated by the Chairman of the Central Bank Mamarizo Nurmuratov.

He noted that these measures would serve to ensure macroeconomic and financial stability and thus achieve long-term inclusive economic growth.

According to him, the Central Bank in the first half of March increased the volume of interventions in the domestic foreign exchange market under the "principles of neutrality" to prevent sharp fluctuations in the exchange rate and ensure stable operation of the market.

"These interventions are carried out at the expense of additional reserves, created last year as a result of favorable foreign exchange market conditions," he added.