Uzbekistan: Plans for introduction of 1,000 so'm coin

Started by eurocoin, January 30, 2022, 02:25:37 PM

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The Central Bank of Uzbekistan has announced plans for the introduction of a standard circulating 1,000 so'm coin. Currently, the 1,000 so'm denomination is a banknote, although it only represents 1.4% of all banknotes in circulation. By introducing a 1,000 so'm coin, the Central Bank hopes to decrease the costs and increase the user-friendliness.