asiaref › Countries › Uzbekistan › CBU policy rate (asosiy stavka / основная ставка)

Uzbekistan CBU policy rate (asosiy stavka / основная ставка)

Uzbekistan CBU policy rate (asosiy stavka / основная ставка) is 14 percent, in force since 29 Jul 2026, cited to Central Bank of the Republic of Uzbekistan. Last checked against the official source on 8 Oct 2026.

Official source: Central Bank of the Republic of Uzbekistan · Last checked 2026-10-08 · source fingerprint

The Central Bank of the Republic of Uzbekistan's policy rate — the principal monetary policy instrument, the rate around which the CBU's operational corridor for short-term interbank rates (benchmarked to UZONIA, the overnight reference rate) is built. Set by the Board (Правление) of the Central Bank at eight scheduled meetings a year, in pursuit of a 5% medium-term inflation target.

Compare policy interest rate across all 28 Asian countries →

Current value14 percent
In force from2026-07-29
Official sourceCentral Bank of the Republic of Uzbekistan — homepage policy-rate widget «14% from 29.07.2026» (verified 2 September 2026). Board press release of 29 July 2026 kept the policy rate unchanged at 14 percent per annum (https://cbu.uz/en/press_center/releases/4256855/). Dedicated policy-rate page: https://cbu.uz/en/monetary-policy/refinancing-rate/
Last verified2026-10-08
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

CBU homepage widget (https://cbu.uz/en/, verified 2026-09-02) prints Policy rate 14 percent from 29.07.2026 -- that is the date this series serves. The 29 July 2026 Board meeting was a HOLD at 14 percent (https://cbu.uz/en/press_center/releases/4256855/). The last actual change remains the 0.5 pp increase 13.5 to 14.0 decided 20 March 2025 and commencing 24.03.2025; every subsequent meeting has held 14. DIRECTION CHECK -- no movement for sixteen months: last change was an INCREASE. Uzbekistan is NOT a high-nominal-rate/high-inflation pair like its Central Asian neighbours: 14 percent is held against annual inflation of 6.4 (June 2026), i.e. a real policy rate near 7.5 pp, which the CBU describes as deliberately tight. NEXT DECISION: 16 September 2026. 2026 meeting calendar: 28 Jan, 18 Mar, 29 Apr, 17 Jun, 29 Jul, 16 Sep, 28 Oct, 16 Dec (https://cbu.uz/en/monetary-policy/refinancing-rate/schedule-of-meetings/). Do not confuse the policy rate with the legacy refinancing-rate wording that still appears in the CBU URL path (/monetary-policy/refinancing-rate/) -- the instrument was renamed and the page is about the policy rate. ACCESS NOTE: the CBU policy-rate landing page publishes the history only as an xlsx download, not as HTML; the homepage widget is the live print of the current level and from-date. Remaining 2026 rate meetings: 16 September, 28 October, 16 December.

Earlier values

FromValueSource
2025-03-2414Central Bank of the Republic of Uzbekistan — press release…
2024-07-2613.5CBU — press release of 25 July 2024: «At the meeting on…
2023-03-1714CBU — level of 14% in this window confirmed by the press…

Get it programmatically

curl https://asiaref.dev/v1/uz/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History:    curl https://asiaref.dev/v1/uz/policy-rate/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/uz/policy-rate

Other Uzbekistan series: VAT standard rate (НДС / QQS) · VAT registration threshold · minimum wage · Public holidays · CPI inflation (year-on-year) · Corporate profit tax standard rate (налог на прибыль) · Withholding tax rates · statutory interest rate · income tax rates · Statutory social-insurance contributions · CBU official exchange rates

The same figure elsewhere: Vietnam · Bahrain · Bangladesh · China · Hong Kong · all 28