Uzbekistan’s International Reserves Rise to US$64.3 Billion

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s international reserves stood at US$64.35 billion as of 1 August 2026, increasing by US$589.8 million, or 0.93%, in July. The main factor behind the increase was a rise in the value of the country’s gold reserves, the Central Bank of Uzbekistan said.

According to the regulator, international reserves stood at US$63.76 billion as of 1 July. The figure therefore increased from US$63,757.3 million to US$64,347.1 million over the month.

The value of gold in reserve assets increased from US$55,757.1 million to US$56,122.3 million, an increase of US$365.2 million. At the same time, the physical volume of gold declined from 13.9 million to 13.8 million troy ounces.

Gold remains the largest component of Uzbekistan’s international reserves, accounting for more than 87% of the total.

Foreign currency reserve assets increased from US$7,443.5 million to US$7,652.3 million. At the same time, holdings of securities fell from US$2,861 million to US$1,762.1 million.

Cash foreign currency and deposits increased from US$4,582.5 million to US$5,890.2 million. In particular, funds held with banks headquartered abroad rose from US$3,386.9 million to US$4,660.8 million.

Funds held with other central banks, the IMF and similar institutions increased from US$1,195.7 million to US$1,229.5 million.

Special Drawing Rights (SDRs) rose from US$556.7 million to US$572.4 million in July. Uzbekistan’s reserve position in the IMF remained unchanged at US$0.01 million.

A separate category of other foreign currency assets not included in official reserves increased from US$102.6 million to US$196.3 million. Deposits in this category rose from US$38.3 million to US$117.7 million, while the value of gold not included in reserve assets increased from US$64.3 million to US$78.6 million.

Overall, international reserves increased by US$589.8 million in July. The data show an increase in the value of the gold component alongside changes in the composition of foreign currency reserves, including a decline in securities holdings and an increase in cash foreign currency and deposits.