Dollar to fall: New forecast for May 1

New forecasts for the exchange rate effective May 1 in Uzbekistan have been announced, the bankir Telegram channel reports. According to it, the US dollar exchange rate is expected to decrease by approximately 34–35 soums. This situation is explained by short-term changes in the foreign exchange market and the balance of supply and demand.
According to experts, the redistribution of market activity in recent days has reduced pressure on the dollar exchange rate. At the same time, rates at some banks are also reflecting a downward trend. This serves as an important factor for the population and entrepreneurs in planning foreign exchange operations.
In particular, the most favorable rates for selling dollars to banks are as follows:
• Anorbank — 11,960 soums
• NBU — 11,950 soums
• Trastbank — 11,950 soums
• NBU — 11,940 soums
Additionally, the highest rates for purchasing dollars from banks are:
• Anorbank — 11,990 soums
• Xalq banki — 11,990 soums
• MKBank — 12,000 soums
• Octobank — 12,000 soums
The expected decline is considered an important signal for currency market participants, indicating the need to pay attention to exchange rate dynamics in the coming days.
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