Why don’t Uzbeks trust soum? Understanding ongoing preference for dollar
In Uzbekistan, US dollars are often the go-to choice for saving and making significant purchases, from homes to cars. While the soum (UZS) has…
In Uzbekistan, US dollars are often the go-to choice for saving and making significant purchases, from homes to cars. While the soum (UZS) has…
As global demand for critical resources needed to power the green transition soars, Central Asia has become a focal point for geopolitical competition, with…
Elon Musk ‘Nazi-like gesture’: Musk thanks supporters and makes Nazi-like salute after Trump’s inauguration Elon Musk, the renowned founder of SpaceX and Tesla, found…
President of Uzbekistan Shavkat Mirziyoyev has extended his congratulations to Donald Trump on his official assumption of office as the President of the United…
Uzbekistan saw a rise in the volume of cross-border money transfers in 2024, reaching a total of $14.8bn, a 30% increase compared to the…
eBay, the world’s largest online marketplace, has officially registered for tax purposes in Uzbekistan, as per UzDaily. As part of the registration process, eBay…
Malaysian company Five Petroleum has announced plans to establish a network of filling stations in Uzbekistan, according to a report from the press service…
In December, Uzbekistan’s consumer price index (CPI) increased by 1.04%, according to the Statistics Agency. This marks the lowest monthly growth for December in…
Eldaniz Gusseinov, a columnist for Daryo and Non-Resident Research Fellow at the Haydar Aliyev Center for Eurasian Studies, has highlighted the Gulf Cooperation Council’s…
The Central Bank of Uzbekistan has released preliminary forecasts for the country’s balance of payments in 2025, based on both baseline and alternative scenarios.…