Tashkent: Uzbekistan’s gold and foreign exchange reserves have reached a new record high of 43.1 billion U.S. dollars as of November 1, as reported by Uzbek media on Saturday, citing the country’s central bank. This milestone represents the highest level of reserves since the country began tracking this indicator in 2013.
According to Namibia Press Agency, the significant increase in reserves includes an addition of 2 billion U.S. dollars in October alone. This recent growth underscores Uzbekistan’s ongoing efforts to strengthen its financial position and manage its economic stability. The central bank’s report highlights the strategic accumulation of reserves, reflecting the country’s commitment to ensuring economic resilience.