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On February 12, the dollar fell, while gold rose sharply

On February 12, the dollar fell, while gold rose sharply

The Central Bank of the Republic of Uzbekistan announced the official exchange rates of foreign currencies against the soum that will be in effect on February 12. The main surprise of the day is that the dollar and the euro decreased, while gold, on the contrary, rose again.

According to official data, the US dollar exchange rate fell by 22.68 soums and amounted to 12,287.31 soums.

The euro did not lag behind either: the rate dropped by 22.21 soums and was set at 14,644.02 soums.

The Russian ruble became cheaper by 0.28 soums and amounted to 159.64 soums. The Chinese yuan also decreased by 3.08 soums and was recorded at 1,778.14 soums.

Gold, however, is “going its own way”: the price of 1 gram rose by 6,300 soums and reached 2,059,500 soums. That means anyone who believed in gold now has the right to say, “I told you so.”

Meanwhile, a decline was also observed in the cryptocurrency market. According to “TradingView”, today, on February 11, as of 16:00 Tashkent time, the bitcoin rate fell to 29,639,445 soums and was set at 817,724,424 soums.

Usually, against the background of such changes, market activity increases. Therefore, small fluctuations in rates may occur in the coming days — keeping an eye on the updated figures is not without benefit.

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News » Economy » On February 12, the dollar fell, while gold rose sharply