Uzbekistan

World Bank hails currency conversion in Uzbekistan

David Pearce, resident representative of the World Bank in Uzbekistan, told a press conference in Tashkent that the World Bank welcomed national currency conversion in Uzbekistan. Interfax said. However, the World Bank is not satisfied with the results…

Uzbek central bank hosts convertibility seminar

The central bank of Uzbekistan, according to a report by Uzbek Television, has held a seminar at its Tashkent regional directorate to discuss further liberalization of the currency market and ensure the convertibility of the national currency, the som,…

Uzbek currency to become convertible, 15 Oct

Uzbekistan's government has announced that the currency will become convertible from 15 October, Interfax reports. An IMF mission ascertained that the government and the central bank have fully implemented all measures agreed upon under a joint plan of…

Uzbekistan action plan on currency convertibility

The government of Uzbekistan has made a pledge to introduce the long-awaited convertibility of the national currency, setting late November as the deadline for this move. An action plan developed by the Uzbek government aims to remove all restrictions on…

Uzbekistan eases foreign currency restrictions

UZBEKISTAN - Uzbekistan's Central Bank increased from 31 July the maximum amount of freely convertible currency that can be sold to Uzbek citizens travelling to countries outside the territory of the former Soviet Union to 400 dollars (from 300 dollars),…

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