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Economy news
Latest news on the economy, financial reviews, and important events. This section highlights information about business, finance, and economic processes. We provide essential data for entrepreneurs, business people, and economists. All changes in various sectors of the economy are covered here. We offer up-to-date information about financial markets, investments, and entrepreneurship development. Stay tuned for daily analytical materials and expert opinions.
Muruntau remains in 1st place in the world for gold reserves
International media has published notable articles about Uzbekistan's underground wealth. In particular, articles about the Navoi Mining and Metallurgy Combine (NMMC) and its famous Muruntau
Important message for those earning income from abroad: the deadline has been extended!
Citizens of Uzbekistan who earn income from foreign legal entities must submit a declaration to the tax authorities. This process must be carried out by April 1 each year, according to the existing
Remittances between Uzbekistan and Kazakhstan have increased
Remittances from Kazakhstan to Uzbekistan increased by 64.6%, amounting to 17.15 billion tenge (459 billion soums), Kursiv.Media reported. In March, this figure was 10.42 billion tenge. Uzbekistan
Uzbekistan-China cooperation: Historical agreements were reached in Samarkand
On June 1-2 of this year, the city of Samarkand, one of the ancient centers of the Great Silk Road, hosted an important international event – the second interregional forum between Uzbekistan and
The dollar exchange rate decreases in Uzbekistan
According to the currency rates effective from May 20, 2025, the official exchange rate of the US dollar decreased by 58.95 soums, amounting to 12,858.15 soums. Changes in other currencies were
Mirziyoyev: Quality and export must be a priority in the construction industry
On May 19, 2025, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, got acquainted with a presentation dedicated to the ongoing work in the construction materials industry and the
Changes in currency exchange rates: the price of the dollar and euro has decreased, while the soum has strengthened its position
The Central Bank of the Republic of Uzbekistan announced the official exchange rates of foreign currencies against the national currency for May 19. According to the newly announced rates, after
New trade relations between Uzbekistan and Afghanistan: the export of medicines and food expands
From May 10 to 12, a delegation consisting of representatives from the business circles led by Davron Vahobov, the chairman of the Chamber of Commerce and Industry of Uzbekistan, visited Afghanistan
Uzbekistan will further expand international cooperation in the development of the dairy industry
The President of the Republic of Uzbekistan has adopted a resolution on the implementation of the project "Development of the value chain in Uzbekistan's dairy industry (Phase 2)"
The central bank announced the exchange rates for May 15
According to the official exchange rates announced by the Central Bank of the Republic of Uzbekistan on May 15, 2025, the exchange rate of the US dollar is equal to 12,980.16 soums. This indicates
The dollar has risen again! The central bank announced new rates for May 14
On May 14, 2025, the Central Bank of the Republic of Uzbekistan announced the next currency rates. According to the new rates, the value of the som has further decreased against the world's
A special industrial zone is being established for Malaysian representatives in Tashkent region
The Ambassador of Uzbekistan, Karomiddin Gadoyev, participated in the annual meeting of the consortium of medium-sized companies from Malaysia (MSMTS). During the event, a special panel session on
High-income individuals are assessing inflation highly
According to the surveys conducted by the Central Bank of the Republic of Uzbekistan in April 2025, the public's inflation expectations have remained at 14.2%, Kursiv reported. This figure
The dollar has risen again, while the euro has sharply fallen: a new situation in the currency market
The central bank announced the official exchange rates for foreign currencies for May 13. According to it, the US dollar has started to rise again after a decline in recent days. Specifically, the
The major forum in Tehran: A new era is beginning in the business relations between Uzbekistan and Iran
Today, on May 11, a business forum between Uzbekistan and Iran took place in the capital of Iran, Tehran. The opening ceremony of this event, which set new prospects for economic cooperation, was
Uzbekistan's gold and foreign exchange reserves have grown to a historic level
One of the important indicators for the Uzbek economy — gold and foreign exchange reserves set another record in April. According to the Central Bank, as of May 1, the reserves reached 49.25 billion
Uzbekistan's reserves exceeded 49.2 billion dollars
Uzbekistan's reserves increased by 2.9% in one month, Kursiv.media reported. According to the Central Bank, at the beginning of May, the country's total reserves exceeded 49.2 billion
The price of Bitcoin and Ethereum is rising again
On May 9, the cryptocurrency market started positively for many assets. Bitcoin reached $102,751.3 (approximately 1,299,900,000 soums), with a daily increase of +4.11%. Ethereum rose to $2,202.19
China will invest in a cotton project worth 95 million dollars in Surxondaryo
The Jiangsu World Group corporation of China plans to invest 95 million dollars to establish automated enterprises for cotton cultivation and processing in the Surkhandarya region, as reported by
The central bank announced the new exchange rates for currencies
The Central Bank of the Republic of Uzbekistan announced the official exchange rates for foreign currencies as of May 12, 2025. Significant changes are observed in foreign currencies compared to the
Most read economy news
CBU published exchange rates for 8 June
The currency exchange market is witnessing notable shifts as we approach the rates effective from June 8, 2025. Today, several currencies have seen declines, while one has managed to show a slight
CBU published exchange rates for 10 June
As the financial landscape evolves, currency exchange rates show notable changes that could impact global trade. On June 9, 2025, the exchange rates presented a mixed bag, with most currencies
CBU published exchange rates for 11 June
As of June 10, 2025, the currency exchange market has experienced a notable decline across various currencies, signaling a shift in economic dynamics. The U.S. Dollar (USD) stands at 12,712.05 UZS,
CBU published exchange rates for 12 June
As of June 11, 2025, the currency exchange rates reflect notable fluctuations that may influence future trading decisions. Today's rates show a downward trend for most major currencies against
CBU published exchange rates for 9 June
In the world of currency exchange, fluctuations are a daily reality, and the upcoming rates for June 9, 2025, reveal a trend of decline for most currencies. As the global economy continues to
CBU published exchange rates for 7 June
As of June 5, 2025, the currency exchange rates reveal a mixed bag for traders and consumers alike. The US dollar (USD) is currently valued at 12,831.81 UZS, reflecting a decrease of 25.54 UZS from
CBU published exchange rates for 13 June
As we approach the new exchange rates effective June 13, 2025, significant changes are on the horizon for major currencies. Investors and travelers alike should prepare for these fluctuations. The
