Baku, Azerbaijan, Dec. 20
By Fikret Dolukhanov – Trend:
By Dec. 1, 2018, the gross foreign exchange reserves of Uzbekistan decreased from $26.49 billion to $25.98 billion, Trend reports on Dec. 20 referring to the Central Bank of Uzbekistan.
Of the total, $11.01 billion accounted for assets in foreign currency, and $14.97 billion – for monetary gold.
Net foreign exchange reserves amounted to $25.29 billion against $25.71 billion on Nov. 1.
The Central Bank noted that decreasing gold and foreign exchange reserves in November are partly reasoned by reducing price of gold – from $1,296.5 to $1,220.45 per troy ounce. The estimated effect on the decrease was $823.2 million.
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