Uzbekistan's gold and foreign exchange reserves exceeded $75 billion as of February 1, 2026, according to the Central Bank. This is an absolute record for the entire observation period. At the end of December 2025, the volume of reserves amounted to $66.3 billion, and in just one month the figure increased by more than $8 billion — an unprecedented jump for the country.

The key growth factor was gold. Physical reserves increased from 12.6 to 12.8 million troy ounces, and their value reached $64.9 billion. In monetary terms, gold rose in price by almost 18%, which provided the main part of the increase in international reserves.

At the same time, the currency component of the reserves, on the contrary, decreased. If in December it was estimated at $10.64 billion, then by the beginning of February it decreased to $9.5 billion. Despite this, the overall balance remains as strong as possible, and the structure of reserves is increasingly shifting towards precious metals.

Sources
uzdaily.uz

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