For the period from 20 to 24 February 2023, transactions worth US$731.10 million were concluded on the foreign exchange spot market, the press service of Uzbek Republican Currency Exchange (UzRCE) reports.
Most transactions were concluded with a placement/attraction period of 1 day. The yield on placed deposits was in the range of 13% - 19% per annum, the press service of Uzbek Republican Currency Exchange reports.
For the first time on the Uzbek Republican Currency Exchange (UzRCE) platform, government bonds were placed in T+2 settlement mode.
The largest IPO in the history of the stock market of Uzbekistan in terms of the total value of shares has been completed - the shares of UzAuto Motors JSC were placed on the Uzbekistan Stock Exchange (UZSE) through an initial public offering.
Seven Uzbek companies have been accredited as brokers of the Belarusian Universal Commodity Exchange (BUCE) following the first joint training seminar organized by the BUCE and the Uzbekistan Commodity Exchange (UzEX). The solemn ceremony of presenting brokerage certificates took place at the central office of BUCE in Minsk.
Prospects for using the import substitution platform of the Belarusian Universal Commodity Exchange (BUCE) for the development of trade relations and mutual promotion of products of Belarusian and Uzbek manufacturers were discussed during a visit to the central office of BUCE by a delegation of business circles and local authorities of Ferghana region of the Republic Uzbekistan.
George Paresishvili was approved as Chairman of the Board of Uzbekistan Stock Exchange (UZSE).
It should be noted that today, operations are carried out on the platforms of the Uzbek Republican Currency Exchange in the following main segments of the financial market of Uzbekistan:
On 17 January 2023, the Ministry of Economy and Finance, the Uzbekistan Stock Exchange and the Central Securities Depository held meetings with a Clearstream delegation headed by the Head of Global Markets Jan Willems.
A meeting with representatives of Clearstream Banking S.A (Clearstream) was held at the Central Bank of the Republic of Uzbekistan with the participation of the General Director of the Uzbek Republican Currency Exchange JSC (UzRCE).