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About $61.8bn worth of trades were carried out on the stock market of Uzbekistan in 2022, Rashid Usmanov, General Director of the Republican Currency Exchange has announced.

Rashid Usmonov
Source: Republic currency exchange

Usmanov said that last year's sales growth was very high compared to 2021.

"In 2022, our stock markets showed record growth and gained a volume of $61.8bn. This figure was $29.5bn in 2021. That is, there was an almost two-fold increase last year. In particular, trades in the FX market amounted to $29.5bn, and trades in the money market amounted to $23.6bn," said an official of the organization.

He added that in 2022, state securities worth a total of $7.6bn were placed on the stock exchange. This indicator is almost 3.5 times higher than in 2021.

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