Uzbekistan’s gold and foreign exchange reserves see sharp increase

According to the regulator, Uzbekistan’s official reserve assets increased from $32.8 billion in December 2020 to $34.9 billion in January 2021.

Most of the reserves are stored in the form of gold – $20.2 billion. Foreign currency assets amount to $14.3 billion.

According to the State Statistics Committee, Uzbekistan exported $5.8 billion worth of gold in January-December 2020. The growth rate in relation to 2019 was 118 percent.