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General TradingU
Uzbekistan Sum (UZS)
The official currency of Uzbekistan, abbreviated as UZS and issued by the Central Bank of Uzbekistan. The sum underwent a significant devaluation and liberalisation in 2017 when the government unified the official and black-market exchange rates. Uzbekistan's economy is driven by cotton, gold, natural gas, and copper exports, and the currency remains sensitive to commodity prices and ongoing economic reforms.
Example
“USD/UZS traded near 12,400 after the Central Bank of Uzbekistan allowed greater flexibility in the exchange rate, moving toward a more market-determined value.”