Decision was made to keep the basic rate unchanged in Uzbekistan

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On June 13, the Board of the Central Bank of the Republic of Uzbekistan decided to maintain the main rate at 14 percent annually.

The base rate acts as a benchmark for determining interest rates on loans and deposits offered by state and commercial banks. Banks set their loan and deposit rates based on this main rate established by the Central Bank.

In Uzbekistan, the main rate has been steady at 14 percent since March 2023.
 


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