Uzbekistan's Gold Stash Growing, Along With Its Foreign Exchange Reserves

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, June 14. Uzbekistan's gold and foreign exchange reserves totaled $36.6 billion in May 2024, Trend reports.

According to data from the Central Bank of Uzbekistan, this indicator has increased by 4.2 percent over the month ($35.1 billion in April 2024).

Gold holds the nation's majority of reserves, totaling $26.8 billion. Gold reserves increased by 1.1 percent over the month ($26.5 billion in April 2024).

According to the latest numbers, foreign currency assets hit the jackpot at $9.2 billion in May, shooting up by more than 15 percent compared to the previous month's $8 billion in April 2024.

Meanwhile, Uzbekistan's gold and foreign exchange reserves rose from $1.66 billion in December 2023 to $34.56 billion on January 1, 2024.

The gold reserves reached $24.63 billion, while foreign currency assets amounted to $9.3 billion.

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