BAKU, Azerbaijan, July 25
By Ilkin Seyfaddini - Trend:
The total money supply in Uzbekistan increased by 12.3 percent during the first half of 2020 compared to the same period of 2019 and reached 102.5 trillion soum (more than $10 billion), Trend reports citing statistics of the Central Bank of Uzbekistan.
In particular, during first half of 2020, the money supply in the national currency of Uzbekistan grew by 14.2 percent to 71.6 trillion soum ($6.9 billion), including cash in circulation by 17.4 percent to 28.4 trillion soum ($2.7 billion) band deposits in national currency by 12.2 percent to 43.2 trillion soum ($4.2 billion) compared to January 2020.
Deposits in foreign currency increased by 8.1 percent during the first six months of 2020 compared to the same period of 2019 and amounted to 30.8 trillion soum (more than $3 billion).
Previously, total money supply in Uzbekistan grew by 13.8 percent by 2019 compared to 2018 and reached 91.3 trillion soum (8.9 billion), including in national currency - by 14.4 percent to 62.8 trillion soum ($6.1 billion).
As of May 1,2020, the total money supply was amounted to almost 94.8 trillion soum ($9.3 billion).
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