In January–June 2026, Uzbekistan received $9.3 billion through international money transfer systems — 13% more than in the same period last year, according to the review of the domestic foreign exchange market released by the Central Bank.
According to the regulator, the precise volume of funds received from abroad reached $9.28 billion, up from $8.21 billion in the first half of 2025. Over two years, the figure has grown by 44%: in January–June 2024, the country received $6.5 billion.
The volume of funds transferred out of Uzbekistan abroad topped $1.33 billion. That's 8.1% more than a year earlier ($1.23 billion), and 5.9% above the level seen in the first half of 2024 ($1.25 billion).
As a result, the positive balance of international money transfers — the difference between inflows and outflows — reached nearly $8 billion, up from about $7 billion a year earlier. In other words, net inflows through money transfer systems grew by roughly 14%.
The positive balance of individuals' transactions with banks served as an additional source of foreign currency supply on the domestic market, the Central Bank noted.
In the first half of the year, the public sold $12.3 billion to banks — almost 1.4 times more than in January–June 2025, when sales totaled $9.1 billion.
At the same time, individuals purchased $6.8 billion in foreign currency from banks. Compared to the first half of last year, this figure rose by 26%, up from $5.4 billion.
As a result, the volume of currency sold by the population to banks exceeded the volume purchased by $5.5 billion. A year earlier, this positive balance stood at $3.7 billion, and in January–June 2024, at $2.6 billion. Over the year, the net supply of currency from the population has grown by nearly 1.5 times.
The Central Bank noted that the increase in money transfer volumes, together with growth in export revenue and currency supply from legal entities, contributed to the relative stability of the exchange rate in the first half of the year.
As a reminder, in 2025 the volume of money transfers to Uzbekistan totaled $18.9 billion, up 27.2% compared to 2024. These inflows helped maintain balance in the domestic foreign exchange market.
Transfers from Uzbek citizens working in developed countries and a number of Asian states grew by almost 22%, reaching $3.49 billion.
The volume of transfers to Uzbekistan in the first quarter grew by 13%, to $3.8 billion. Meanwhile, Russia's share of inflows fell from 77.6% to 72.4%, while the shares of Kazakhstan, South Korea, Europe, and other countries increased, the Central Bank's review concluded.
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