The US dollar is expected to rise significantly in Uzbekistan

Fluctuations in foreign exchange rates are being observed in Uzbekistan's financial market, Zamin.uz reports.

In particular, the US dollar exchange rate effective July 13 is expected to rise significantly. According to sources in the banking sector, the currency's value may increase to an average of 62–63 soum.

These changes are also reflected in the buying and selling rates set by commercial banks across the country. Currently, several financial institutions are offering favorable conditions for individuals and entrepreneurs wishing to sell dollars.

For example, Asia Alliance Bank and Universalbank are purchasing currency from clients at 12,010 soum. Similarly, Garantbank and Asakabank offer a relatively high selling rate, set at 12,000 soum.

These rates allow citizens to exchange their savings into national currency profitably. At the same time, the most advantageous prices have been identified for clients planning to buy dollars from banks.

In institutions such as Asakabank, National Bank, and Aloqabank, the purchase rate is set at 12,050 soum, while in Agrobank it stands at 12,060 soum. It should be noted that rates may change throughout the day depending on demand and supply in the foreign exchange market.

Before conducting currency exchange operations, specialists recommend verifying information through banks' official websites or mobile applications, as internal procedures and regional factors may cause branch-specific rates to slightly differ from central indicators.

Having accurate and up-to-date information helps in making sound financial decisions.