prediction
The decision should lower the cost of cross-border payments and trade finance in an economy where about 87% of bank deposits and more than 97% of loans are in foreign currency.
A prediction by The minister. Statements are as reported by the cited publishers — not verified by DecisionGateway.
The minister said the decision should lower the cost of cross-border payments and trade finance in an economy where about 87% of bank deposits and more than 97% of loans are in foreign currency.
Related claims
Such a step will reduce transaction costs and currency risks, increase the resilience of the national financial system to external shocks, and give companies additional opportunities for international settlements.Министерства финансов · predictionАзиатско-Тихоокенский Банк снизил комиссию на переводы в японских иенах для физических лиц.Азиатско-Тихоокенский Банк · statementOver the past year, foreign currency holdings fell by more than half (54.1%).avestagroupuz · statement這一重大戰略升級與關鍵突破充分展現央行數字貨幣在降低跨境結算成本、提升資金周轉效率與透明度方面的核心優勢。顧旋 · statementThe new investment could lower trade costs and bring capital, while also giving foreign operators greater leverage over key commercial arteries.africaintel · statement62 percent of credits were in national currency and 38 percent in foreign currency.centralbankuzbekistan · statement