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USD/UZS12,057
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EUR/UZS14,193
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RUB/UZS155.16
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GBP/UZS16,261
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CNY/UZS1,721
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KZT/UZS24.14
+1.99%
GOLD$2638.00
+0.46%
SILVER$29.85
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COPPER$8920.00
+0.51%
BRENT$74.20
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BTC$95,420
+1.33%
ETH$3,380
+1.35%
S&P 5006,050
+0.30%
MOEX2,890
-0.52%
KASE4,250
+0.52%
USD/UZS12,057
-0.18%
EUR/UZS14,193
-0.29%
RUB/UZS155.16
-0.05%
GBP/UZS16,261
-0.46%
CNY/UZS1,721
-0.19%
KZT/UZS24.14
+1.99%
GOLD$2638.00
+0.46%
SILVER$29.85
-0.50%
COPPER$8920.00
+0.51%
BRENT$74.20
-0.60%
BTC$95,420
+1.33%
ETH$3,380
+1.35%
S&P 5006,050
+0.30%
MOEX2,890
-0.52%
KASE4,250
+0.52%
Uzbekistan

UZBEKISTAN

Central Asia's Rising Economic Power

GDP Growth

0%

+0.3% YoY

FDI Inflows

$0B

+20% YoY

FX Reserves

$0B

10.2 months import cover

Inflation

0%

-1.6pp YoY
BB

S&P / FITCH

S&P Upgraded Nov 2025

First upgrade since 2019 • Path to investment grade

Positive Outlook
NATEX Opportunity Score
0
0
STRONG BUY SIGNAL
4.2 / 5
WTO 2026
Reform Leader
Young Demographics
Digital Growth
GDP$115B
GROWTH6.6%
INFLATION8.4%
RATE13.50%
FDI$8.7B
RESERVES$48.7B
RATINGBB ↑
LIVE
BreakingBreakingS&P upgraded Uzbekistan to BB (Stable) — First sovereign upgrade since 2019|
BreakingMonetaryCBU cuts refinancing rate 50bp to 13.50% citing inflation progress|
BreakingTradeTrade surplus reaches $2.2B — First surplus since 2018 driven by gold exports|
FdiFDI inflows hit $8.7B YTD (+20% YoY) — Energy sector leads|
GoldGold exports surge 42% to $12.8B — Now 38% of total exports|
ReservesFX reserves reach record $48.7B — Import cover at 10.2 months|
BreakingBreakingS&P upgraded Uzbekistan to BB (Stable) — First sovereign upgrade since 2019|
BreakingMonetaryCBU cuts refinancing rate 50bp to 13.50% citing inflation progress|
BreakingTradeTrade surplus reaches $2.2B — First surplus since 2018 driven by gold exports|
FdiFDI inflows hit $8.7B YTD (+20% YoY) — Energy sector leads|
GoldGold exports surge 42% to $12.8B — Now 38% of total exports|
ReservesFX reserves reach record $48.7B — Import cover at 10.2 months|