Central Bank of Uzbekistan to continue purchasing foreign government bonds to diversify its reserves.

Askar Yakubov · 17:04, 23.01.2025 · Updated 22:56 · 4602 views

Tashkent, Uzbekistan (UzDaily.uz) — The Central Bank of Uzbekistan plans to continue acquiring foreign government bonds as part of its strategy to diversify gold and foreign exchange reserves. This was announced at a press conference on 23 January by the Deputy Chairman of the regulator, Abror Mirzo Olimov.

In June of last year, the Central Bank purchased foreign government securities worth US$35 million, and by the end of 2024, the total volume of such assets in reserves had increased to US$101 million. The main investments were made in U.S. Treasury bonds.

The regulator plans to continue the practice of purchasing U.S. securities, which began last year, throughout 2025 to further diversify its gold and foreign exchange reserves, noted Abror Mirzo Olimov.

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.