Uzbekistan’s gross foreign-exchange reserves increase

According to the data of the Central Bank of Uzbekistan, the gross foreign exchange reserves of the republic have increased.

The Central Bank reported that the methodology for calculating foreign-exchange reserves is conducted in accordance with the standards of the International Monetary Fund. Foreign-exchange reserves consist of foreign exchange assets and monetary gold bullion.

As of January 1, 2019, gross foreign-exchange reserves of the country have increased by $1,09 billion and amounted to slightly more than $27 billion. Of these, assets in foreign currency – $12,4 billion, monetary gold – $14,6 billion.

On January 1, net foreign-exchange reserves amounted to $26,3 billion.