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Central Bank of Uzbekistan won't issue new banknote

25 September 2018 16:44 (UTC+04:00)
Central Bank of Uzbekistan won't issue new banknote

By Trend

The Central Bank of Uzbekistan (CBU) did not make a decision to issue a 100,000-soum banknote, the bank's press service announced referring to the joint press conference of the CBU and Qishloqqurilishbank.

“If the country's economy needs such a bill, it will be released. There’s no such necessity for now, and all this is just rumors,” the CBU noted.

Some Uzbek media outlets announced on Sept. 25 that a 100,000-soum banknote will be issued in the near future.

Rumors about the new banknote began to spread as early as 2017.

On Aug. 22, 2017, the CBU issued the new 50,000-soum banknotes. They are currently the largest banknote in the country.

(8079.28 soums = 1 USD on Sept. 25)


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