Central Bank reports $33.6 billion foreign exchange turnover for 2025

In 2025, 41% of foreign exchange transactions – the buying and selling of foreign currencies – between banks and individuals in Uzbekistan were conducted via remote (online) banking services, according to a Central Bank report.

Total foreign exchange (FX) turnover reached $33.6 billion, up $8.1 billion, or 32%, compared with 2024, the regulator said.

Reportedly, banks purchased $21.6 billion in foreign currency from individuals, a 34% increase year-on-year, while FX sales to the public rose 27% to $12 billion.

Exchange offices accounted for the largest share of transactions, at $19.3 billion, or 57% of the total. Transactions conducted via remote banking services amounted to $13.8 billion, or 41%, while a further $574 million was processed through 24/7 foreign exchange ATMs.

The Central Bank said the share of transactions carried out through remote services and currency ATMs continues to grow steadily, reflecting wider access to digital banking services.

It added that the volume of foreign currency purchased by banks from individuals exceeded the amount sold by $9.7 billion, adding to supply in the domestic foreign exchange market and helping maintain currency balance.