Gross gold and foreign currency reserves of Uzbekistan reach about US$28.077bn

According to the Central Bank of Uzbekistan, assets in foreign currency exceeded US$14.042 billion in 2017, which is 0.92% lower compared to the previous year.

The volume of monetary gold in the gold and foreign exchange reserves of Uzbekistan increased from US$12.256 billion in 2016 to US$14.034 billion in 2017.

Net gold and foreign currency reserves rose 5.47% to US$26.567 billion as of 1 January 2018.

The Central Bank said that the net gold and foreign exchange reserves do not take into account the currency funds of commercial banks and government bodies (except the Ministry of Finance, the Reconstruction and Development Fund) on accounts at the Central Bank, which are liabilities of the Central Bank to these organizations.