As of July 1, the volume of Uzbekistan's gold and FX reserves amounted to $33.72bn, according to the central bank's website.
During June, the volume of international assets decreased by almost $650mn. Compared to March, gold and FX reserves lost more than $1.68bn, reaching their lowest since the beginning of this year.
Hard currency assets amounted to $9.57bn – a record low figure for the entire time of publication of statistics. Over the past month, the figure has decreased by $514mn and remained below the $10bn mark for two months in a row.
The volume of deposits of the central bank in other countries, as well as in the IMF, went down by more than two and a half times, to $565.5mn.
At the same time, the gold reserves of the republic decreased slightly, amounting to $23.08bn at the beginning of July. Compared to the previous month, its value was lower by $137mn.
At the same time, the tonnage of gold in reserves increased by 1% to 12.1mn troy ounces (376.2 tonnes) against 11.9mn (370 tonnes) a month earlier. In addition, world prices for the precious metal declined slightly and at the end of June amounted to $1,930 per ounce.
Related Articles
Unusually intense heatwave hit Central Asia in March, may impact crop yields
Central Asia experienced an unusually intense heatwave in March that could have an impact on agricultural crop yields, according to an April 4 ... more
Russia’s expulsions of migrants reportedly nearly double in 2024 to around 80,000
Russia in 2024 expelled more than 80,000 migrants for immigration rule violations, compared to 44,200 in 2023 and 26,600 in 2022, TASS reported on January 8. The Russian state news agency cited a ... more
Kazakhstan’s transit of Russian oil to Uzbekistan and China amounts to 10.2mn tonnes in 2024
Russia’s transit of oil through Kazakhstan’s pipeline system, operated by main pipeline operator KazTransOil, to China and Uzbekistan totalled 10.21mn tonnes in 2024, ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
12 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago