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Uzbekistan’s Gold and Foreign Currency Reserves Hit Record High

Since the beginning of the year, the volume of gold and foreign exchange reserves has increased by 19.88%
Photo: bashta / Depositphotos

Uzbekistan’s gold and foreign currency reserves rose to $43.1 bln as of November 1, adding $2 bln in October alone, according to data from the Central Bank of Uzbekistan.

This amount marks a new peak since records began in 2013. Overall, the reserves have grown by 19.88% since the start of the year.

Kursiv Uzbekistan also reports that since the start of 2024, investments in gold would have generated a 39% return for investors.