9 Jan 2025 15:42

Uzbekistan boosts gold, forex reserves 19% in 2024

TASHKENT. Jan 9 (Interfax) - Uzbekistan boosted gold and forex reserves 19.1% year-on-year to $41.182 billion as on January 1, 2025, the country's Central Bank said.

The regulator said that the volume of monetary gold increased 30% to $32.037 billion, while foreign currency assets decreased 8.3% to $8.598 billion.

The volume of monetary gold in physical terms reached 12.3 million troy ounces in 2024 compared to 11.9 million troy ounces in the previous year.

The Central Bank said that Uzbekistan's gold and forex reserves declined 3.4% year-on-year to $34.5 billion in 2023.