Reports on the issuance of a 1 million soum banknote are groundless - Central Bank
The Central Bank has responded to reports circulating on social networks about the issuance of a new 1 million soum banknote into circulation. According to the regulator, this information is baseless and untrue.
Reports about the issuance of a 1 million soum banknote are groundless - Central Bank
Reports have spread on social networks that a 1 million soum banknote has been issued into circulation in Uzbekistan.
"We inform that this information is groundless, false, and fake. It does not correspond to reality," the regulator's message reads.
For information, according to Article 39 of the Law "On the Central Bank," the nominal value of banknotes and coins in Uzbekistan is determined by the regulator.
In accordance with Article 40 of this Law, the Central Bank has the exclusive right to issue currency notes in the form of banknotes and coins as legal tender on the territory of the country. After the approval of new currency notes by the Senate, the Central Bank publishes the description of the new currency note and information about its issuance into circulation in the mass media.