A shortage of dollars in circulation in Tajikistan has led to further devaluation of the national currency, the somoni.
The somoni has lost 2.2 percent of its value against the dollar over the last day alone – from 8.82 somoni per 1.00 USD on April 10 to 9.02 somoni per 1.00 USD today.
Meanwhile, it is practically impossible to purchase dollars because some banks have no dollars to speak of, while others can offer not more than 200.00 USD per person.
Recall, the National Bank of Tajikistan (NBT) accuses currency dealers in devaluation. They reportedly purchase the dollars in large amount from banks and sell them at the overpriced exchange rate.
Tajik central bank has ordered commercial banks to organize sale of the dollar owing to their own reserves and the currency purchased from the population.
At the same time, the NBT has ordered banks to reveal and register persons who regularly purchase currency for the purpose of realizing a speculative profit.
