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. Last checked against the official source on 10 Sep 2026.
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.
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| Current value | 14 percent |
|---|---|
| In force from | 2026-07-29 |
| Official source | Central 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 verified | 2026-09-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source 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
| From | Value | Source |
|---|---|---|
| 2025-03-24 | 14 | Central Bank of the Republic of Uzbekistan — press release… |
| 2024-07-26 | 13.5 | CBU — press release of 25 July 2024: «At the meeting on… |
| 2023-03-17 | 14 | CBU — 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-rateOther 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