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Alipay+ and Uzbekistan’s HUMO announce cross-border payment partnership
29 Oct 2025 08:58 GMT
… Alipay+ has partnered with HUMO, Uzbekistan’s national payment system, in … payments in their local currency, the Uzbek som, when travelling to China … welcome international tourists and boost Uzbekistan’s tourism economy.”
To enhance …
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Kyrgyzstan Launches Som-Pegged Stablecoin, Establishes National Crypto Reserve
27 Oct 2025 07:13 GMT
… pegged to its national currency, while simultaneously advancing a … noting that the digital som will handle government-related … partnerships in Kazakhstan and Uzbekistan. A Binance meetup in … pilots, while Kazakhstan and Uzbekistan have begun limited stablecoin …
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Uzbekistan Emerges as One of Europe and Central Asia’s Fastest-Growing Economies
16 Oct 2025 03:58 GMT
… comparable economic data.
For Uzbekistan, in particular, inclusion among … the exchange rate, lifted currency restrictions, and simplified … Mirziyoyev’s presidency, strict currency controls kept the official … stabilized the currency at around 8,100 som to the …
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Central Bank allows increased fluctuations in the Uzbek som to form realistic expectations
11 Sep 2025 17:22 GMT
… Uzbekistan has intentionally allowed greater fluctuations in the national currency … for many years the som’s exchange rate remained … encourages companies to hedge currency risks, improves the … will continue to limit currency interventions, adhering to …
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The Uzbekistan Som (UZS): A Currency Rooted in Transformation and Rising Global Interest
18 Jun 2025 17:12 GMT
… of the Uzbekistan Som (UZS)
The Uzbekistan Som (UZS) … developed economies, Uzbekistan offers positive real … Som has seen depreciation historically, volatility has decreased due to better forex … illiquid currency in global markets.
Currency convertibility, …
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Unveiling Uzbekistan's Path To Open Market: President Shavkat Mirziyoyev's Reforms
02 Aug 2025 12:22 GMT
… convertibility of the sovereign currency. This
strategic decision … the deregulation of the som in
September 2017 … . The China–Kyrgyzstan–Uzbekistan railway initiative is
increasingly … of
external adversities, Uzbekistan is unequivocally illustrating that …
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Off to Uzbekistan? Read these tips first
19 Jul 2025 15:21 GMT
… for your trip to Uzbekistan
1. Uzbekistan can be uncomfortably … up on Uzbek som (the local currency) if you are … in Samarkand, Uzbekistan. iStockphoto Etiquette in Uzbekistan
1. Travel … Getty Images Safety in Uzbekistan
1. Uzbekistan has some quirky …
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Uzbekistan’s economy to grow 5.9% in 2025 and stabilize at 5.7% by 2030, says IMF
25 Jun 2025 06:51 GMT
… liberalization, and privatizations—Uzbekistan has achieved solid macroeconomic … sharp GDP decline, som depreciation, and reduced … risk and currency mismatches. Foreign currency funding comprises … Privatization Efforts in Uzbekistan
Uzbekistan’s banking sector …
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Opinion: The U.S. Dollar Loses Its Luster as the Uzbek Som Shines
19 Jun 2025 19:05 GMT
… market.
In 2017, Uzbekistan transitioned to a flexible … rate regime, aligning the som with market conditions and … addition to gold, Uzbekistan’s foreign currency reserves also experienced … These strategic decisions reflect Uzbekistan’s unwavering commitment to …
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Put Your Mongo Where Your Mouth Is: Currency from Around the World
09 Apr 2025 06:06 GMT
… collection of terms from global currency.
I’ll begin by … takes effect.)
Most world currency falls into larger units like … 100 bututs. Kyrgyzstan: one som = 100 tyiyn. (Uzbekistan uses the similar tyyn … debt to a sprawling “currency table” in the peerless …