Thursday, 29, October, 2020

The Central Bank of Uzbekistan has announced the volume of gold and foreign exchange reserves. As of July 1, Uzbekistan's official gold and foreign exchange reserves amounted to US$ 32.3 billion, with monetary gold at US$ 19.4 billion and foreign exchange - US$ 12.4 billion, while in the beginning of the year, the figure was at US$ 29.1 billion.

According to the Deputy PM Jamshid Kuchkarov, over the past three years, Uzbekistan's gold and foreign exchange reserves have increased by US$ 3 billion.

“Over the past 3 years, unprecedented reforms have been undertaken in Uzbekistan. Therefore, the Uzbekistan economy growth rates in recent years are among the highest in the world. All these high growth rates are confirmed by international economic and financial institutions. What does this economic growth lead to? This leads to an increase in the financial and economic strength of the country. Over the past three years, our gold and foreign exchange reserves have increased by US$ 3 billion,” he said.

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