MINSK / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of ...
Read More »Cars, currency, and the Uzbek black market
Uzbekistan tightly controls its currency, in the past year allowing it to depreciate very gradually. Officially, the Uzbek som has avoided the rapid and massive depreciation experienced by the Kazakh tenge, for example. But, unofficially, as Olim Abdullayev wrote for bne Intellinews this week, it’s a whole different story. On the Uzbek black market the som sits at 6,200 sum ...
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