Uzbekistan’s gold and foreign exchange reserves exceed $35 billion

Gold and foreign exchange reserves of Uzbekistan increased by almost $800 million compared to the previous month and amounted to $35.2 billion.

Photo: DAVID GRAY /AFP

According to the Central Bank, gold and foreign exchange reserves reached $35.2 billion as of November 1, 2021, which is $797 million more than last month.

Most of the reserves are stored in the form of gold - $21.6 billion. However, there was a slight drop in the physical volume of gold in reserves from 12.3 to 12.1 million troy ounces.

Foreign exchange reserves increased by $466 million, the total volume of foreign exchange and deposits amounted to $12.4 billion.