Uzbekistan's foreign exchange reserves decreased for the first time since the beginning of the year - CB

BUSINESS 12:50 / 17.04.2019 875

The gold and currency reserves of Uzbekistan decreased for the first time since the beginning of the year, follows from the data of the Central Bank.

On April 1, the country's net foreign exchange reserves amounted to $26.9 billion, of which $14.4 billion is monetary gold.

In March it amounted to $27.4 billion, in February $26.6 billion, in January - $26.3 billion.

Earlier, it was reported that Uzbekistan exports 70–80 tons of gold annually. This year the country plans to sell 80 tons.

It is predicted that average world prices for gold this year will rise to $1,320 per troy ounce. In 2018, the average price was $1268, in 2017 - $1258, in 2016 - $1248.

More news: