The dollar loses 4 percent of its value against the somoni in one day

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The dollar (USD) has lost 4 percent of its value against the Tajik national currency, the somoni, in one day.

The official exchange rate of USD against TJS set by the National Bank of Tajikistan (NBT) decreased from 1:11.80 on May 24 to 1:11.40 on May 25.

The official exchange rate of the euro against the somoni set by the NBT has also decreased – from 1:12.57 on May 24 to 1:12.21 on May 25 (2.95-percent decrease).

The trend towards an increase in the exchange rate of the somoni against the dollar and the euro has continued since mid-April.  

Meanwhile, the official exchange rate of the Russian ruble (RR) against the somoni is continuing to increase,

The official exchange rate of RR against TJS set by the NBT increased from 1:0.1725 on May 24 to 1:0.173 on May 25 (0.5-percent increase).

Meanwhile, the current grey market buying exchange rate of RR against TJS is 1:0.18 and its current grey market selling exchange rate against TJS is 1:0.183.   

The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the rate at which they will sell that currency.

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