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The Central Bank published information on the country's gold and currency reserves as of February 1, 2018

In accordance with the Law on the Central Bank of the Republic of Uzbekistan, one of the main tasks of the Central Bank is to store and manage the official gold and currency reserves of the Republic.

The methodology for calculating gold and foreign exchange reserves is maintained in accordance with the standards of the International Monetary Fund. Gold and foreign exchange reserves consist of currency assets and monetary gold in bullion.

In order to effectively manage the Central Bank, separate gross and net gold reserves are recorded separately.

The net gold and foreign exchange reserves do not take into account the currency funds of commercial banks and government bodies (except the Ministry of Finance, the Reconstruction and Development Fund) on accounts with the Central Bank, which are obligations of the Central Bank to these organizations.

Gold and foreign exchange reserves of the Republic of Uzbekistan

in millions of US dollars

 

Indicators                                        01/01/2017    01/01/2018         01/02/2018

 

I. Gross gold and

foreign exchange reserves               26 428.83        28 076.91         28 774.55

   1. Assets in foreign currency        14 172.25        14 042.81         14 775.90

   2. Monetary gold                          12 256.58        14 034.10         13 998.65

 

II. Net gold and

foreign exchange reserves               25 188.30        26 567.50          27 250.05

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