• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12694.97
    • RUB161.6
    • EUR14878.5
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +24°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Uzbekistan

    Chairman of Uzbekistan's Central Bank, Mamarizo Nurmurodov, responds to blogger's claim that bank had 'lost its independence '

    Chairman of Uzbekistan's Central Bank, Mamarizo Nurmurodov, responds to blogger's claim that bank had 'lost its independence '

    Mamarizo Nurmurodov, Chairman of the Central Bank of Uzbekistan, on September 16, announced the cancellation of currency conversion restrictions for entrepreneurs, Daryo correspondent reports.

    During a press conference, the Chairman of the Central Bank responded to economist blogger Otabek Bakirov's opinions and explained that the decision would be canceled regardless of its purpose.

    A decision that society has not made is a wrong decision, whatever the goal is,"

    Mamarizo Nurmurodov said, referring to a philosophical concept.

    Photo: Daryo

    Mamarizo Nurmurodov added that the CB's committee convened at night and decided to cancel the decision.

    He further explained that there would be no deregulation, and the aim was to strengthen compliance, not limit conversion.

    An economist blogger, Otabek Bakirov, has earlier critiqued the decision made by the Central Bank, arguing that the regulator may not have made the decision independently, as it may conflict with the law. 'If that is indeed the case, the Bank's independence is now in question,' the blogger noted.

    The Central Bank of Uzbekistan has swiftly rescinded its decision to impose tougher rules on foreign exchange transactions for commercial banks, following negative feedback from the public. These original restrictions were slated to take effect on September 18, but sparked controversy and prompted a reconsideration of the policy.

    The initial plan was to require businesses to conduct foreign currency purchases and exchange operations only through the banks where their primary accounts were held. The goal was to increase control over foreign exchange operations and minimize potential risks. However, in a press conference on Saturday, Chairman Mamarizo Nurmurodov announced the reversal of the decision, stressing the importance of considering public opinion when creating policies that impact the nation's economy.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news. 

    16.09.2023, 16:20   Comments (0)   2695
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan marks 36 years of success under the Montreal Protocol for Ozone Layer Protection 

    16.09.2023, 15:27

    Individual in Uzbekistan's Jizzakh attempts to purchase iPhone with counterfeit currency

    16.09.2023, 12:10

    Mansion with 51 rooms in Uzbekistan sells at auction for UZS 33.3bn

    16.09.2023, 00:38

    Uzbekistan: key global player in uranium industry

    15.09.2023, 17:58

    President of Uzbekistan finishes his diplomatic visit to Tajikistan

    15.09.2023, 17:44

    President of Uzbekistan proposes initiatives for closer Central Asian cooperation

    15.09.2023, 16:09
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beeline Uzbekistan started 2025 with a significant network modernization

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    “Kyrgyzstan’s president has been sleeping on a plane for three days,” says security chief

    Kyrgyzstan | 30 June, 17:58

    Kazakhstan’s investment rises 10% in 2024 as reforms, infrastructure push drive growth

    Kazakhstan | 30 June, 15:06

    Kyrgyzstan brings Dolon Avalanche station back to life with UNDP, Japan support

    Kyrgyzstan | 30 June, 14:00

    Uzbekistan ranks first in Central Asia for admissions to top global universities

    Uzbekistan | 30 June, 12:55

    Nearly 40% of Uzbekistan’s population has no savings, survey finds

    Uzbekistan | 30 June, 11:31

    Turkish company to invest in logistics infrastructure development in Kazakhstan

    Kazakhstan | 30 June, 10:40

    UNICEF and partners highlight success of Uzbekistan’s youth-led climate network

    Uzbekistan | 30 June, 09:13

    South Korea–Central Asia summit postponed to 2026

    Central Asia | 29 June, 16:00
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.