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Russians aren't the only victims of the ruble's implosion — the weak currency is also hitting migrant Central Asians who repatriate the cash
24 Aug 2023 09:12 GMT
… concerning for migrant workers from Tajikistan and Kyrgyzstan, which are … Free Europe.
The Russian currency is down 15% to 20% … the Uzbekistani som, and the Tajikistani Somoni so far this year.
The … Russia due to the weak currency, the Vedomosti business daily …
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MACRO ADVISORY: Ruble’s fall creates currency risk in Central Asia and the Caucasus
18 Aug 2023 08:30 GMT
… central bank), the Russian forex market has become extremely … the government withdrew from the FX market. It was only in … ruble volume compensated for the currency weakness.
However, in … the ruble, he said.
Tajikistan somoni: Remittances from Russia account …
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Wage and GDP growth do not impact living standards in Tajikistan
14 Jun 2023 04:00 GMT
… of both the national currency and the US dollardecreased … was 10.92 somoni.
Residents of Tajikistan earn the lowest … in the Republic of Tajikistan”.
The recommendations contain a … labour migration.
“Unfortunately, Tajikistan has seen a very strong …
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The Armenian dram is the world's top-performing currency as the mass exodus of Russians fleeing Putin's war drives big increase in money transfers
22 Dec 2022 16:59 GMT
… soaring.
Armenia, Georgia, and Tajikistan in Central Asia are among … dollar.
Armenia, Georgia, and Tajikistan are some of the best … Georgian lari and the Tajik somoni gained 16% and 10% … of the year.
The currency appreciation in countries surrounding Russia …
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Tajikistan: Banking sector enlivened by presidential son-in-law’s exit
10 Dec 2022 02:22 GMT
… to cash out in Tajik somoni, and invariably at below … boost transparency and help stabilize Tajikistan’s financial system. In … Nuraliyev that all private currency exchange businesses that were … black market for hard currency, although anybody caught engaging …
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Tajikistan has a special relationship with Russia. Could war change that?
06 Apr 2022 18:11 GMT
… social media profiles. (In Tajikistan, organising rallies for or … against Russia, which Tajikistan’s economy depends on … , since their somoni-denominated savings (Tajikistan’s currency) have been … the National Bank of Tajikistan increased the official …
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Far from Putin’s Russia, Tajikistan’s people feel sanctions pain
07 Mar 2022 09:48 GMT
… worth 1,500-3,000 Tajikistani somoni ($132-265). But since … are hammering livelihoods in Tajikistan, where remittances from Russia … (GDP). With the Russian currency sliding more than 30 percent … says economic conditions in Tajikistan are likely to deteriorate …
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Russia-Ukraine conflict: How Tajikistan and other Central Asian nations have become accidental victims
08 Mar 2022 15:16 GMT
… millions of migrant workers from Tajikistan, the Kyrgyz Republic, and … dwindling value of Russian currency, these workers have become … rubles to buy a somoni, the Tajik currency on 28 February, … slowed down growth in Tajikistan. Many labourers were rendered …
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Expanded meeting of the Government of the Republic of Tajikistan
21 Jan 2022 08:36 GMT
… worth 16.6 billion somoni are currently being implemented … in the Republic of Tajikistan Sulaimon Sultonzoda and Chairman … the State Savings Bank of Tajikistan "Amonatbank" … investment, maintain the national currency exchange rate, legalize funds, …
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The ripples of the ruble
31 Aug 2023 06:25 GMT
… Turkmenistan, regulate their national currency’s exchange rate. … Georgian lari, and the Tajikistani somoni.
The flow of Russians … Meduza.
Tajikistan is the country whose currency exchange rate … Association, said that the currency’s collapse will especially …
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