Uzbekistan’s Reserves Surpass $59 Bn for First Time

Uzbekistan has set a new record in its financial history. According to the Central Bank of the Republic of Uzbekistan, the country’s combined gold and foreign currency reserves have exceeded $59 bn, marking an unprecedented milestone.

The increase was rapid. In just one month, reserves jumped by more than $4 bn. In October 2025, the total stood at $54.9 bn, and now the figure has reached $59.3 bn.

Gold remains the backbone of Uzbekistan’s financial stability. While the physical volume of gold in reserves has remained steady at 11.9 mln troy ounces, the total value surged to $47.8 billion, driven by rising global gold prices.

Foreign currency holdings also contribute to the country’s strong financial position. These highly liquid assets now total $9.8 bn, supporting Uzbekistan’s ability to respond to market changes and maintain economic stability.

Experts note that the growth in reserves reflects both sound fiscal management and favorable global market trends, underscoring Uzbekistan’s resilience in a dynamic economic environment.