DUSHANBE, February 24, 2015, Asia-Plus – Tajikistan has seen sharp currency devaluation in recent days. The national currency, the somoni (TJS), has fallen nearly 3.5 percent against the dollar (USD).

The value of the Tajik national currency, the somoni (TJS), has continued to depreciate against the U.S. dollar, registering an average market purchase rate of the dollar against the somoni 1:5.8775 on February 249, up from 1: 5.74 on February 19.

According to data from the National Bank of Tajikistan (NBT), the market exchange rate between USD and TJS in Dushanbe increased from 1:5.74 on February 19 to 1:591 on February 24, with similar exchange rate rises in other parts of the country.

In Khujand, the capital of Sughd province, the market exchange rate between USD and TJ increased from 1:5.75 on February 19 to 1:5.92 on February 24.

In Qurghon Teppa, the capital of Khatlon province, the market exchange rate between USD and TJ increased from 1:5.73 on February 19 to 1:5.88 on February 24.

In Kulob (Khatlon province), the market exchange rate between USD and TJ increased from 1:5.74 on February 19 to 1:5.80 on February 24.

In Khorog, the capital of the Gorno Badakhshan Autonomous Region (GBAO), the market exchange rate between USD and TJ increased from 1:5.48 on February 19 to 1:55 on February 24.

Meanwhile, an official exchange rate between USD and TJS set by the National Bank of Tajikistan rose from 1:5.4139 on February 19 to 1:5.4444 on February 24.