What the leading business media of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan report — selected and summarized in English every morning, for readers who don't read Russian or the local languages. Data context in the Central Asia Terminal. Also: Russia Digest.
Uzbekistan's annual inflation edged up in October, Kazakhstan extended fuel export restrictions and outlined phased currency sales, Uzbekistan set targets to double uranium output, and Kyrgyz state banks cut ties with companies over sanctions risks.
Consumer prices rose 0.6% month on month in October, and annual inflation accelerated to 6.5% from 6.4% in September, according to the national statistics committee; in October 2025 the annual rate was 7.8%. Year-to-date inflation stood at 4.8%, against 5.7% in January–October 2025. Services rose 7.3% year on year and food 6.4%, while petrol was up 19.5% and propane 44.7% year on year. Fuel and services were among the fastest-rising components, which is relevant for operating-cost planning.
Source: Gazeta.uz, 6 Nov 2026
The energy minister signed an order on 30 October banning exports of petrol, diesel and several other petroleum products by road from 22 November 2026 to 22 May 2027. Rail exports under HS code 2710 12 are also restricted, although specified petrol grades may be exported under state-approved supply plans; lubricants, fuel in vehicle tanks and humanitarian deliveries are exempt. The ban restricts export options for refiners and fuel traders in Kazakhstan for six months.
Source: inbusiness.kz, 6 Nov 2026
Governor Timur Suleimenov said the central bank will sell $910 million gradually, with no fixed deadline, so as not to affect the functioning of the currency market; he said the funds are not part of the new targeted transfers from the National Fund. He attributed the tenge's support to the balance of payments, the trade surplus, export proceeds sold on KASE, non-resident holdings of government securities and conversion of corporate and bank foreign-currency borrowing. He also said the National Bank's position is that the 6.5 trillion tenge in National Fund transfers for infrastructure should use the digital tenge for large projects.
Source: LS, 6 Nov 2026
Plans presented to the president on 5 November envisage raising Navoiyuran's uranium production from 7.5 thousand tonnes in 2026 to 15 thousand tonnes in 2030 and increasing explored reserves to 200 thousand tonnes. The Uzbek Combine of Technological Metals is to add 11 products to its current five, with output of 16 types of critical raw materials targeted above $2.7 billion by 2030; tungsten processing projects aim to attract $1.1 billion in investment. The targets are relevant for uranium offtakers and investors in critical-minerals processing.
Source: Gazeta.uz, 5 Nov 2026
As of 5 November, state-owned ABank had ended business relations with 115 companies linked to elevated sanctions risks, with about 37 more under monitoring, and Eldik Bank had cut ties with 169 companies, with four under review, according to the economy ministry. An interagency working group reviewed the compilation of a list of high-risk entities and discussed cooperation with the EU, the US and the UK. The step indicates tighter compliance screening for cross-border transactions routed through Kyrgyzstan.
Source: 24.kg, 5 Nov 2026
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