Currency Expectations For March 12: Dollar May Get Cheaper

The official exchange rate of the US dollar to be effective on March 12 of this year is projected to decrease by approximately 21-22 UZS (soums). These estimated indicators are based on the current situation in the foreign exchange market and shifts in demand.

Although this is not an officially fixed rate, market expectations are influencing the offers from commercial banks. According to analysts, the downward trend may continue in the coming days.

Currently, the best forecasted indicators for the dollar in commercial banks are as follows:

Best rates for selling dollars to banks:

• MKBank — 12,130 UZS

• Octobank — 12,110 UZS

• BRB — 12,110 UZS

• Agrobank — 12,110 UZS

Best rates for purchasing dollars from banks:

• Octobank — 12,160 UZS

• Aloqabank — 12,160 UZS

• Hayotbank — 12,160 UZS

• Davrbank — 12,160 UZS

It should be noted that this information is not official and is subject to change based on market conditions. Final rates are confirmed by the Central Bank.

Nodirbek Razzokov

Editor of «ZAMIN.UZ»