The Central Bank of the Republic of Uzbekistan hosted a delegation from the Swiss National Bank (SNB) led by SNB Chairman Martin Schlegel and held a bilateral meeting with Central Bank Chairman Timur Ishmetov focused on opportunities for cooperation in safeguarding financial stability, developing monetary policy, and strengthening analytical capabilities. As part of the visit, Schlegel delivered a lecture to the Central Bank’s young specialists and representatives of higher education institutions on the SNB’s mandates, current issues and its approach to central bank digital currency (CBDC). Discussions following the lecture covered the SNB’s CBDC policy and its impact on the Swiss banking system, as well as the foundations of monetary policy and approaches to maintaining financial stability; the meeting was attended by Deputy Chairmen Abror Mirzo Olimov and Nodir Achilov and Director General for Financial Inclusion Dilbar Abduganieva.

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