To date, the question "what currency in Uzbekistan" From enterprising members Modern society is quite relevant. Since the country after a certain and rather successful period of consolidating its own nation and simply peaceful existence in a socialist camp for almost the entire twentieth century has been floating in democratic chaos for more than twenty years. This, in turn, enabled a large number of foreign companies to help the Uzbek people develop a full-scale process of mining and energy resources. However, workers in high-paid places in Uzbekistan are still not enough, which does not facilitate labor migration. Tourist business in the country does not work since the distant Soviet times. The local education system also does not attract students to move to Uzbekistan. The currency of the republic with a beautiful eastern name "sum" rarely sees the hands of foreigners who arrived in the country without the intention to increase their capital at the expense of the rich Uzbek land.
National currency of Uzbekistan
Like most independent countries of the modern world, Uzbekistan emits Own monetary unit of UZS. It is a bargaining chip for exchanging valuables and is divided into 100 tiins. Due to weak purchasing power, tiyin has not been used for a long time. In practice, there are bills in the country ranging in value from 100 to 5000 units. Although the sums are not expensive on the international market, they can be printed when the government of the Republic of Uzbekistan wishes from no one. Currency, Of course, will be subjected to elementary economic laws, constantly depreciating, losing the level of confidence of its own population. But what you will not go to get rid of someone's protectorate. Also, the money units of this freedom-loving nation have a special bank code UZS for various financial transactions and the code of the international organization for standardization ISO 4217. The issuing center for the production of soums and inactive tiyin is the Central Bank of the Republic of Uzbekistan. The currency, in turn, Is issued in theoretical value in 1, 3, 5, 10, 25, 50, 100, 200, 500, 1000 and 5000 sum. In this case, 1 sum is equal to 71 ruble.
Good-neighborly relations
Together with the increased unemployment and High potential of the country's labor resources allows international corporations to place their own production lines in it, thereby reducing the cost of production. In addition, the Uzbeks also have to look for work in other more developed countries in order to achieve a more acceptable financial situation . Russia today is one of the main exporters of labor resources from the Republic of Uzbekistan. Currency The Russian Federation in this regard also has a fairly high level of popularity in the country, thus occupying an honorable third place, after the sum and the US dollar.