World Bank raises Uzbekistan's 2026 GDP growth forecast to 6.4 pct

The World Bank has raised its forecast for Uzbekistan's gross domestic product (GDP) growth in 2026 to 6.4 percent, according to the bank's latest Global Economic Prospects report.

The new projection is 0.4 percentage points higher than the bank's January estimate for 2026.

The World Bank estimated the country's GDP growth at 7.7 percent in 2025, and projected a growth of 6.7 percent for 2027.

The report noted that global economic growth is expected to slow to 2.5 percent this year amid escalating conflict in the Middle East, which has driven up energy prices and renewed inflationary pressures.

The World Bank warned that regional economic prospects remain subject to downside risks, including a prolonged or escalating conflict in the Middle East, tighter global financial conditions and continued uncertainty over international trade policies.

World Bank raises Uzbekistan's 2026 GDP growth forecast to 6.4 pct

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 21 pips to 6.8088 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 6.8088 against USD Monday