Tuesday, 26, September, 2023

The volume of Uzbekistan’s gross gold and forex reserves as of August 1 topped US$ 35.11 billion, recording a US$ 965 million increased over the month, follows from the data of the Central Bank.

Over the past month, the gold reserves increased by 0.3 million troy ounces (9.3 tons), and its value increased by US$ 1.31 billion due to the US$ 56 per ounce rise of the gold price in June.

At the same time, reserves in foreign currency decreased by US$ 346.4 million – down to US$ 13.19 billion.

Uzbekistan’s official reserve assets in June decreased by US$ 1.37 billion - to US$ 34.1 billion. Then this was explained by a decrease in gold quotations, despite an increase in the volume of the gold.

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