Uzbek currency is experiment in controlled chaos 6 Sep 2017 The central Asian country has slashed the value of its currency by half. Such moves can hurt consumers and banks and trigger runaway inflation, but Tashkent has levers to limit the risks. While tough tests lie ahead, this is likely to be an example of virtuous devaluation.
Small step for some is giant leap for Uzbekistan 14 Dec 2016 The landlocked central Asian country has poor human rights and low foreign investment. But new President Shavkat Mirziyoyev has made encouraging changes, like restoring air links with Tajikistan and scrapping visas for some foreigners. There is far to go, but it’s a start.