TASHKENT, Uzbekistan, January 28. The Central
Bank of Uzbekistan has scheduled its next Board meeting to review
the key policy rate for March 18, 2026, Trend reports via the bank.
At its previous meeting, the Board decided to keep the policy
rate unchanged at 14% per annum, citing stronger-than-expected
economic activity in 2025, driven primarily by resilient aggregate
demand. Inflation has continued to move along a downward
trajectory, with the slowdown in goods price growth becoming
increasingly broad-based.
In July 2024, the Central Bank made a significant move by
reducing the policy rate to 13.5%, which is the first time it has
dipped below 14% in seven years. The rate held steady at that level
until March 2025, when it was elevated back to 14%, where it
currently resides.
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