The government also said that a freeze on bank withdrawals, which was expected to be lifted yesterday, would continue until Monday.
He also introduced a new currency with floating foreign exchange rates and put limits on bank withdrawals.
By December, there was a freeze on bank withdrawals.
The government also used a restriction on bank withdrawals to try to limit the amount of money that was in circulation.
He considered those his bank withdrawal slips for some uncertain moment in the future.
To stop him from changing money on the black market, Uzbek authorities limited bank withdrawals to little more than the amount needed for wages.
In the short term, the limitation on bank withdrawals could slow spending at a time when the economy is already shrinking fast.
By the time the government clamped down on bank withdrawals and transfers in December, deposits had fallen to $69 billion.
The government must also restore confidence in the financial system to a point where it can lift unpopular limits on bank withdrawals.
Mr. James, 28, made three bank withdrawals on May 8, the police said.