By the start of the new year, Uzbekistan's gold and foreign currency reserves have decreased once again.
Uzbekistan, Tashkent – According to AN Podrobno.uz, as of January 1, 2025, Uzbekistan's gold and foreign exchange reserves have decreased by $297.2 million. This marks the second consecutive month of decline.
https://podrobno.uz/cat/economic/k-nachalu-novogo-goda-zolotovalyutnye-rezervy-uzbekistana-snova-sokratilis/2025-01-08 08:12:33
A month ago, the foreign exchange reserves of the republic were valued at $41.4 billion; currently, according to the Central Bank report, they stand at $41.1 billion.
Of this amount, $32.03 billion is held in gold, while $8.5 billion is in currency. The physical volume of the precious metal remains at 12.3 million troy ounces (382.5 tons).
More than $350 million is kept in accounts at the central banks of other countries and the International Monetary Fund.
As a reminder, in November 2024, Uzbekistan purchased 9 tons of gold, becoming the second-largest buyer in the world.