Tajik central bank conducts one-time adjustment to prevent sharp exchange rate volatility

2022-3-10 14:06

The National Bank of Tajikistan (NBT) says it has conducted a one-time adjustment to prevent the exchange rate pressure in the country’s currency market, sharp exchange rate volatility and the significant difference between the official and the unofficial rate.

An adjustment is the use of mechanisms by a central bank to influence a home currency's exchange rate. .

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Russia ruble somoni exchange rate falls

The Russian ruble to the Tajik national currency, the somoni, exchange rate (RR/TJS) has dropped. Over the past week, RR has lost almost 3.0 percent of its value against TJS.  An official exchange rate of the Russian rube against the somoni set by the National bank of Tajikistan fell from 1:0.163 on December 1 to 1:0.1585 on December 8. asiaplustj.info »

2022-12-08 14:53