Categories Tajikistan

Tajikistan’s national currency strengthens nearly 10% against US dollar: what’s behind the surge?

Tajikistan’s national currency strengthens nearly 10% against US dollar: what's behind the surge?

Tajikistan’s national currency, the somoni, has appreciated significantly against the US dollar over the first six months of this, strengthening by 9.4%, according to the National Bank of Tajikistan (NBT).  This marks a sharp acceleration compared to the same period last year, when the somoni rose by only 2.7% against the greenback.

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