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Uzbekistan notes decline in gold, foreign exchange reserves

Uzbekistan Materials 7 December 2024 19:11 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, December 7. Uzbekistan's gold and foreign exchange reserves totaled $41.4 billion in November 2024.

According to the data obtained by Trend from the Central Bank of Uzbekistan, this indicator has decreased by 4.1 percent over the month ($43.1 billion in October 2024).

Gold holds the nation's majority of reserves, totaling $32.7 billion. Gold reserves decreased by 1.8 percent compared to the previous month ($33.3 billion in October 2024).

As per the latest numbers, foreign currency assets amounted to $8.1 billion in November, which shows a decline of 13.5 percent compared to $9.2 billion in October 2024.

Meanwhile, Uzbekistan exported gold worth $6.6 billion from January through October 2024. This figure has decreased by 3 percent compared to the same period last year ($6.8 billion in January–October 2023).

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