The recent fluctuations in currency values are causing a stir! With the dollar hitting new highs and the ruble facing devaluation, what does this mean for your finances? Discover the surp...
The exchange rate of the som is decreasing against the US dollar. As of November 28, the American currency is valued at 12,843 som. Over the past two weeks, the som has depreciated by 0.33% against the USD.
https://uzdaily.uz/ru/sum-bystro-snizhaetsia/2024-11-29 08:47:56
In this case, two key aspects can influence the sum:
the devaluation of the Russian ruble: the US dollar reached new highs for 2022 recently;
the strengthening of the dollar on the global stage.
There is also an internal pressure factor in the form of uncertainty regarding the external trade balance.
Supporting the stability of the sum is the high level of national foreign exchange reserves, with a trend towards increasing these reserves still in place.
Short-term expectations for the dollar/sum pair do not rule out fluctuations within the range of 12820-12865 sums.
Anna Bodrova,
analyst at Alpari