Exchange Rate in Turkmenistan
Turkmenistan - Exchange RateThe economy approached year-end on a solid footing, with the latest figures showing solid growth into Q4 on the back of sturdy industrial gains and buoyant exports. On the external front, improved oil and gas receipts, coupled with import restrictions, look to have enabled a year-end reduction of the current-account deficit. However, growth should ease in the near-term as officials slash government spending in their efforts to transition to a more market-driven economy. The move is part of the government’s seven-year development plan aimed at reducing dependence on hydrocarbons, by diversifying industrial output through private-sector initiatives.
Turkmenistan - Exchange Rate Data
|Exchange Rate (vs USD)||2.86||2.85||3.50||3.49||3.50|
5 years of economic forecasts for more than 30 economic indicators.
Turkmenistan Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||3.50||0.01 %||Jan 14|
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