Thursday, 30, November, 2023

As of January 1, Uzbekistan’s official reserve assets topped $35.14 billion, recording $389.8 million increase over the month, the Central Bank said in a report.

The physical volume of gold reserves stopped declining and rose from 0.2 million troy ounces (about 6.2 tons) to 11.6 million troy ounces (about 360.8 tons). The value of gold in reserves increased by $508.6 million to $20.95 billion.

Foreign currency reserves value dropped by $117.9 million in December to $13.07 billion.

Gross international reserves in 2021 increased by $235.2 million, or by 1%. According to the Central Bank, this was influenced by gold quotes, which fell from $1,891.1 at the beginning of the year to $1,799.25. The impact of this drop was $1.06 billion.

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