The EU has extended sanctions on Russia for one year, impacting equities, bonds, and energy markets as investors adjust to sustained geopolitical risks.
The EU postpones naming a negotiator with Russia, focusing instead on new sanctions targeting financial and defense sectors amid ongoing Ukraine conflict.
Octobank's new E9PAY service enables cross-border transfers to HUMO cards from South Korea, potentially boosting Uzbekistan's financial market liquidity and investor interest.
The Central Bank keeps the key rate at 14%, balancing declining inflation against rising food prices and external risks, impacting capital markets and investor outlook.
Uzbek banks are restricted from fully withdrawing funds from client cards via automatic debits, maintaining a minimum balance and affecting liquidity and credit risk management.