Tashkent, Sept 3 (Reuters) - Uzbekistan will allow its citizens and companies to buy foreign currency without restrictions at a market-set rate from Sept. 5, local newspaper Gazeta.uz reported on Sunday, citing a presidential decree.
The measure, which confirms a Reuters report last week, would be a potentially decisive step on the path towards full convertibility of the country’s sum currency. That would help open up Central Asia’s second-biggest economy to badly needed foreign investment.
The official website of Uzbekistan’s President Shavkat Mirziyoyev’s was not immediately accessible on Sunday. (Reporting by Mukhammadsharif Mamatkulov; Writing by Olzhas Auyezov; Editing by Susan Fenton)