Regulatory Alerts2025-04-25
Instruction No. 261 on the Procedure for Determining and Announcing the Official Foreign Currency Exchange Rate Relative to the National Currency
The National Bank of Tajikistan issued Instruction No. 261 to establish a standardized procedure for calculating, approving, and publicly announcing the official exchange rate of foreign currencies against the somoni. The regulation mandates credit financial organizations to submit daily and monthly volume-weighted transaction data via electronic channels, which the Bank uses to compute rates using direct quotation and cross-rate formulas. These officially published rates serve as the statutory benchmark for accounting, state payments, macroeconomic analysis, and commercial settlements, remaining valid through weekends and holidays unless adjusted.
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