The National Bank of Tajikistan reported on Wednesday, March 9, that the exchange rate of the somoni against the US dollar has sharply fallen by 15%. According to the National Bank’s exchange rate on March 9, 1 dollar equals 13 somoni, whereas the day before, the ratio between these currencies was 1 to 11.30. Photo: […]
The National Bank of Tajikistan reported on Wednesday, March 9, that the exchange rate of the somoni against the US dollar has sharply fallen by 15%.
According to the National Bank’s exchange rate on March 9, 1 dollar equals 13 somoni, whereas the day before, the ratio between these currencies was 1 to 11.30.
Photo: InternetThus, in one day, the US dollar has risen by 1.7 somoni compared to the previous day.
During this period, the euro has also increased from 12.62 to 14.19 somoni.
The exchange rate of the Russian ruble against the somoni, on the contrary, has increased by 8.5% – from 0.0910 somoni per 1 ruble (91 somoni for 1000 rubles) on March 8 to 0.0995 somoni (99.5 somoni for 1000 rubles) today.
At the same time, banks in Tajikistan have not been selling foreign currency for two weeks, citing a shortage. The National Bank of Tajikistan has not yet commented on the reasons for the rise in the dollar and euro exchange rates and the shortage of foreign currency.
The increase in the dollar exchange rate is causing significant concern among the population, as the rise in the dollar rate is a pretext for price increases.