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Increase in International Money Transfers Recorded in Uzbekistan
During a recent press conference featuring the Chairman of the Central Bank of Uzbekistan, it was announced that the growth of prices has slowed in October, with annual inflation projected to reach 9.5 percent. Additionally, inflation rates for November and December are anticipated to fall below one percent per month.
In Uzbekistan, the total volume of money transfers received over the past nine months reached $11.3 billion, marking a significant increase of 34.8 percent compared to the same period last year.
The majority of these transfers originated from the following countries:
- Russia — $8.8 billion
- Kazakhstan — $625 million
- South Korea — $420 million
- USA — $415 million
- Türkiye — $291 million
- Great Britain — $93 million
- Poland — $48 million
Furthermore, the positive balance between currency purchases and sales among the population during this period amounted to $4.8 billion.
