Inflation in Uzbekistan Driven Equally by Demand and Supply, Central Bank Says
Dominant drivers have changed from year to year
Central Bank of Uzbekistan
Uzbek Central Bank Keeps Key Rate at 14% to Curb Inflation
Annual inflation fell to 7.5% in November
Uzbekistan’s Gold and Forex Reserves Hit Record $61.2 Bn
Reserves rose 3.2% over the month
Uzbekistan Ranks Among Top Gold Buyers in October
Other active buyers included Indonesia, Turkey, the Czech Republic
Central Bank of Uzbekistan Forecasts 7.5% Economic Growth
The fiscal deficit is forecast at 3% of GDP
Uzbekistan Builds Its Own “National Switch” to Lock Down Digital Payments
World Bank Expert Calls for Flexible Exchange Rate in Uzbekistan
Interventions should focus on market functioning
Uzbekistan Inflation Expectations Drop to 11.7% in October
The lowest forecasts were in Fergana at 10.4%
Uzbekistan’s Central Bank Projects Stable Growth Amid Inflation Easing
The CBU anticipates headline inflation to fall to around 7 % by end-2026
Central Bank Fines Eight Banks for Breaching Financial Monitoring Rules
Banking Supervision Committee reviewed 43 cases in September
Five-Gram Gold Bar in Uzbekistan Hits Record $683.15
In August, the Central Bank purchased two tonnes of gold
Uzbekistan’s Central Bank Buys Two Tonnes of Gold
In total, central banks worldwide acquired about 15 tonnes of gold
Central Bank: Uzbekistan’s External Debt Hits $72.2 Bn
Public external borrowings accounted for $36.8 bn
Uzbekistan’s Central Bank to Open Fintech Office
Uzbekistan is home to 103 fintech companies
Uzbekistan’s Reserves Top $50 Bn for First Time
The country also expanded its gold stock in physical terms
Eurasian Bank Loses Licence in Uzbekistan Over Capital Shortfall and Regulatory Breaches
A liquidation commission will be formed to oversee the closure
Uzbekistan Cuts State Bank Share of Financial Sector Assets to 67%
The fund identified several strengths in Uzbekistan’s banking system
Uzbekistan Leads Global Gold Purchases in June
How much gold did the regulator purchase?
Uzbekistan’s Money Supply Grows 32.2% Year-on-Year
The share of payments made via terminals increased to 43% over the year.
Central Bank of Uzbekistan Postpones Key Interest Rate Meeting
The new date for the meeting will be announced later
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%.
Singapore Overtakes Uzbekistan as Top Gold Seller in May
Singapore Backs Uzbekistan in Developing National Fintech Strategy
Uzbekistan’s Central Bank Plans to Regulate BNPL and Installment Market
Authorities eye oversight of fast-growing consumer finance sector