A storm in the Russian part of the Black Sea damaged the loading equipment of CPC, one of the world's largest oil pipelines that transports oil from Kazakhstan to world markets.

The election was widely seen as a staged formality, aimed at legitimising a leadership transition that will allow the Berdymukhamedov family to retain power.

When fully launched, it will create more than 2,000 new jobs and allow Uzbekistan to export $15 million worth of products annually.

The central bank does not exclude the possibility of making additional adjustments to the ongoing monetary policy.