Finance

Uzbekistan receives US$17 billion in remittances in 2022

Uzbekistan receives US$17 billion in remittances in 2022
Uzbekistan receives US$17 billion in remittances in 2022

Tashkent, Uzbekistan (UzDaily.uz) -- Uzbekistan received US$16.9 billion in remittances in 2022, Chairman of the Central Bank of Uzbekistan Mamarizo Nurmuratov said at a press conference on 26 January.

The volume of cross-border transfers increased by 2.1 times compared to 2021.

The head of the Central Bank noted that some of the transfers were provided by small exporters and citizens of neighboring countries.

The sale of foreign currency by the population in 2022 increased by 68%.

In 2022, banks purchased foreign currency from the population in the amount of US$11.9 billion. At the same time, the population purchased foreign currency for US$8.9 billion.

 

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.