The som could have been more stable, but the US dollar exerts too much pressure.
The sum continues to depreciate against the US dollar. As of December 20, the exchange rate stands at 12,870 sums per dollar. This indicates a further decline of 0.11% over the past week. The previous week, the sum had already dropped by 0.35%. As a result, the cumulative losses for December now appear considerable for what is typically a stable currency.
https://uzdaily.uz/ru/sum-mog-byt-stabilnee-no-dollar-ssha-davit-slishkom-silno/2024-12-21 08:47:52
Overall, the situation for the sum appears neutral, but there is significant pressure coming from the USD. This is due to the rapid appreciation of the US dollar on the global stage, influenced by the stance of the Federal Reserve System of the United States.
In the coming week, the dollar/sum pair is expected to remain within the range of 12850-12920 sums.
Anna Bodrova, analyst at Alpari