Nazokat Rashidova: Authorized Capital Is the Foundation of a Reliable Business
Nazokat Rashidova
Banks & Finance
Foreign currencies to UZS rates rise again
Buying and selling rates have been updated
Uzbekistan’s Catering Sector Pays Over $500 mln in Taxes January to May 2025
Their total turnover exceeded 7.4 trln UZS
Citibank to Open Representative Office in Uzbekistan
Citibank’s office in Tashkent will be opening soon
Foreign Currencies Strengthen Against UZS
Buy rates for some currencies remained stable
Global Markets Rise as Nvidia Becomes First Company to Hit $4 Trln Valuation
The A.I. chip maker doubles the Apple and Microsoft
New Study Reveals Power Imbalance in Major Blockchain Networks
Excessive concentration of power among a few participants undermines decentralisation, creating centralisation risks that could compromise network security, reduce trust and introduce systemic vulnerabilities.
Bitcoin Breaks $120,000 as U.S. Lawmakers Prepare Pro-Crypto Legislation
Washington's push for regulatory clarity sparks optimism across global crypto markets
Foreign Currencies Weaken Slightly as UZS Holds Steady on July 14
Several banks have updated buy rates for exchange
Uzbekistan Issues 9.4 Trln UZS in Mortgage Loans in H1 2025
More than 31,500 people in the country took out mortgages during this period
Foreign Currency to UZS Exchange rates on July 11
Several banks are opening currency exchange and money transfer offices on weekends
Uzbekistan Registers First Bond-Backed Token for Digital Finance
HUMO introduces pilot digital asset to boost cross-border payments
Uzbekistan Issues Record-Breaking 18.7 trln UZS of Microloans in Q1 2025
Q1 figures more than double year-on-year
Kazakhstan’s Foreign Debt Hits All-Time High at $170.5 bln
Kazakhstan’s foreign debt surged to its highest level since records began
Top Currencies Weaken Against Uzbek Soum
The Uzbek soum strengthened slightly against the U.S. dollar
Kapitalbank retains top position in Uzbekistan’s Q2 2025 rating
Uzbekistan’s banks show mixed results in Q2 2025
Uzbek Soum Remains Stable Against Major Currencies
The Uzbek soum stays stable against major global currencies
Uzbekistan’s External Debt Reaches $68.4 Bn
Uzbekistan’s external debt reached $68.4 bn in Q1 2025, driven by rising public and private borrowing, while exports rose by 22%.
Kyrgyzstan Launches Finance Code to Support Women Entrepreneurs
Singapore Overtakes Uzbekistan as Top Gold Seller in May
Central Asia Faces Slower Growth Amid Global Uncertainty
The World Bank's June 2025 Global Economic Prospects report projects moderate growth for Central Asian economies in 2025–2026.
Kazakhstan Leads Central Bank Gold Purchases in May
Kazakhstan led global gold purchases by central banks in May with 7 tonnes, as overall net buying reached 20 tonnes.
Uzbek Banker Kidnapped in Paris and Tortured for Ransom
Uzbek banker Kahramonjon Olimov was kidnapped in Paris, beaten and released after paying ransom. French police arrested one suspect.
How Uzbekistan Plans to Develop the Foreign Stock Market
The National Agency for Perspective Projects (NAPP) outlines the future of the market.