Published updates from the Uzbekistan market.
Firm-published developments in regulation, transactions and capital-market infrastructure.
Market intelligence and firm updates.
Reports are currently published in English; market updates include primary-source links.
38 publications
News
Remittance inflows to Uzbekistan reached $9.3 billion in H1 2026
Cross-border remittance inflows increased by 13% to $9.3 billion in the first half, while foreign-exchange turnover between banks and individuals rose by 31% to $19.1 billion.
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Business sentiment in Uzbekistan improved further in Q2 2026
In the Central Bank’s survey of 2,391 entrepreneurs, 64% reported better business conditions than a year earlier and 82% expected macroeconomic conditions to improve over the next three years.
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Uzbekistan extends foreign-exchange trading to 5:00 p.m.
From 10 August, currency-exchange trading runs until 5:00 p.m., while official rates for 74 foreign currencies are published at 5:30 p.m. on each banking business day.
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Central Bank keeps policy rate at 14% as growth stays strong
Uzbekistan’s Central Bank kept its policy rate at 14%, citing persistent price pressures and rapid domestic-demand growth. It expects year-end inflation of 6.5% and GDP growth of 7.5–8% in 2026.
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Central Bank makes repo auctions its main liquidity-absorption instrument
From 16 July, seven-day Central Bank repo auctions replaced seven-day Central Bank bonds as the principal tool for absorbing excess banking-system liquidity.
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Uzbekistan’s banking system retained strong capital and liquidity buffers in 2025
The Central Bank’s Financial Stability Report shows sector capital adequacy of 18.3%, a 208% liquidity coverage ratio and non-performing loans at 3% as of 1 January 2026.
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Moody’s upgrades Uzbekistan’s sovereign rating to Ba2
Moody’s raised Uzbekistan’s sovereign credit rating from Ba3 with a positive outlook to Ba2 with a stable outlook. The upgrade reflects stronger institutions, fiscal discipline and greater resilience to external shocks.
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Winning offer selected in MobiUz privatization
A US-led consortium’s selected offer values MobiUz at US$351 million and includes an intention to invest up to US$500 million in telecommunications infrastructure. Legal closing remains subject to regulatory and corporate procedures.
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50% state stake in Uzsungwoo sold for UZS 585.8 billion
An online auction for a 50% state stake in Uzsungwoo concluded at UZS 585.8 billion, almost 50% above the starting price, with ROODELL named the winning bidder.
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