Uzbekistan's gold and foreign exchange reserves decreased by 293.7 million dollars in June, the Central Bank reports.
At the same time, gold reserves increased by 9.3 tons. Over the first half of the year, foreign exchange reserves decreased by almost 900 million dollars, including due to the repayment of debt on Eurobonds for 500 million dollars issued in 2019.
The value of the gold reserve increased by 506.5 million dollars. Foreign currency reserves decreased by $796.9 million, from $9.27 billion to $8.47 billion.
In 2023, Uzbekistan ranked second in the world in terms of total gold sales as the country sold more than 25 tons of the precious metal. Annual revenue from Uzbek gold exports reached $8.15 billion - almost double the amount in 2022.
Reprinted from https://kun.uz/
Comments