Sept 15 (Reuters) - Dutch telecommunications company Veon Ltd said on Friday it was lowering its guidance for 2017 as a result of the liberalisation of currency exchange rules in Uzbekistan.
The Uzbek official exchange rate has been reset at 8,100 Uzbek som per U.S. dollar, a devaluation of approximately 92 percent.
The company said it now expects underlying equity free cash flow (before license spectrum fees) of between $850 and $950 million in 2017. It had previously targeted between $900 million and $1 billion.
Veon confirmed its guidance for low-single-digit organic revenue growth 1n 2017. (Reporting by Alan Charlish; Editing by Sunil Nair)