Uzbekistan’s international reserves as of September 1 announced
The Central Bank has updated its statistics on gold and foreign exchange reserves of Uzbekistan.
As of September 1, 2020, Uzbekistan’s official gold and foreign exchange reserves, amounted to $34.6 billion, having decreased by $153 million.
Most of the reserves are stored in the form of gold – $18.8 billion. Foreign currency assets are $15.4 billion. At the same time, there is a decrease in the physical volume of gold and an increase in foreign exchange assets.
In general, since the beginning of the year, gold and foreign exchange reserves have increased by more than $5.4 billion. As of January 1, they amounted to $29.1 billion.
It is noted that Uzbekistan has enough reserves to finance 20 months of imports. This is more than the figure recommended by international organizations.
Related News
16:29 / 01.11.2024
Central Bank of Uzbekistan outlines economic scenarios for 2025-2027
15:00 / 01.11.2024
Central Bank: Uzbekistan’s energy import reliance on Russia poses price risks
14:22 / 01.11.2024
Energy prices set to rise in Uzbekistan: Central Bank weighs impact on inflation
16:39 / 31.10.2024