Decision/Unclassified
Adopted
Central Bank to include direct interbank transactions in official exchange rate calculation
Uzbekistan's Central Bank will fold direct interbank trades into its official exchange rate calculation from September 15, aiming for a benchmark that better reflects actual bank trading prices.
Actors and targets
Targets official exchange ratepolicynew methodologypolicy
Source
Starting September 15, Uzbekistan’s Central Bank will include direct transactions between banks when calculating the country’s official exchange rate.
Not established
- Exact year of the change
- Estimated magnitude of rate change
- Direction of rate change (stronger or weaker)
Extracted detail
- Issued by
- Uzbekistan's Central Bank
- Stated rationale
- better reflect prices at which banks actually trade currencies
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