Uzbekistan to introduce 50,000 soum banknotes into circulation
By Trend
The Central Bank of Uzbekistan will introduce new 50,000 soum banknotes into circulation starting on August 22, says a message on the bank’s website.
“Along with the banknotes and coins now in circulation, the issued 50,000 soum banknotes must be accepted at nominal value, in cash payments by all economic entities and population without any restrictions,” reads the Central Bank’s message.
Currently, the highest denomination banknote in Uzbekistan is the 10,000 soum note, which was released on March 10, 2017.
Official exchange rate for Aug. 14 is 4126.45 soums/USD.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!