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.

MENAFN14062024000187011040ID1108331597


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.