---
title: "The supply of foreign currency was constrained by large volumes of VAT refunds at the end of… — Національного банку — DecisionGateway"
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statement

# **The supply of foreign currency was constrained by large volumes of VAT refunds at the end of October, as well as by Russian shelling, which led to a smaller seasonal growth in exports and, as a result, lower currency sales by the agricultural and metallurgical sectors.**

A statement by Національного банку. Statements are as reported by the cited publishers — not verified by DecisionGateway.

> *пропозицію іноземної валюти обмежували великі обсяги відшкодування ПДВ наприкінці жовтня, а також російські обстріли, що призвели до меншого сезонного зростання експорту та, як наслідок, нижчих продажів валюти з боку аграрного й металургійного секторів*

nbu\_uaPublished 2026-11-03 [ Read source](https://t.me/nbu_ua/4280)

## **Discussion**

## **Related claims**

[**The supply of foreign currency was constrained by large volumes of VAT reimbursement at the end of October, as well as by Russian shelling, which led to lower seasonal export growth and, consequently, lower currency sales by the agricultural and metallurgical sectors.**Національний банк · statement](https://dgw.tmarket.io/claims/01a1e121-8a7e-7703-96f2-c35f7f5ea850) [**Growth in export revenue, sales of foreign currency by the population and inflows from abroad ensured an increase in the supply of currency on Uzbekistan's domestic market.**podrobno · statement](https://dgw.tmarket.io/claims/01a1cb4b-1c56-7d77-b4ec-8889c946d85d) [**The increase in exports was due to lower demand from the local Chymkent refinery for the high-octane gasoline component because of scheduled repairs carried out from late March to late April.**argus\_price\_agency · statement](https://dgw.tmarket.io/claims/01a1cc10-abb9-7f0f-9a76-ae66003129f4) [**In the first days of November, demand for currency was elevated against the backdrop of a significant increase in budget expenditures, in particular for the defense and security sector.**Національний банк · statement](https://dgw.tmarket.io/claims/01a1e121-8a6e-7883-8dee-44af2957bb46) [**In the first days of November, demand for currency was elevated against the backdrop of a significant increase in budget expenditures, in particular for the defense and security sector.**Національного банку · statement](https://dgw.tmarket.io/claims/01a1e126-3c98-70ea-9bd4-4b7c2258b67f) [**The growth was facilitated by foreign currency receipts from international partners that exceeded the National Bank's net sale of currency and the country's foreign currency debt payments.**post author · statement](https://dgw.tmarket.io/claims/01a1e11f-5749-7ca8-8c13-1e5370e73e3b)

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