Uzbekistan’s gold and foreign exchange reserves reach record high

As of January 1, 2026, the total value of assets held in the reserves of the Central Bank of Uzbekistan reached $66.31 billion, according to data released by the Central Bank.

According to the report, the total value of reserve assets stood at $66.31 billion as of January 1, marking the highest level since the Central Bank began publishing such data. Compared to the previous month, reserves increased by $5.08 billion, or 8.3 percent. Since the beginning of 2025, reserves have grown by 61 percent.

The value of gold held in the Central Bank’s reserves also reached a new record. Over the course of one month, its value increased by more than $4.23 billion to $55.09 billion. The physical volume of gold rose as well, increasing by 0.4 million ounces, from 12.2 million to 12.6 million troy ounces.

It is worth noting that as of October 1, 2025, gold accounted for $44.2 billion of Uzbekistan’s gold and foreign exchange reserves, up from $40 billion in August, with the remaining portion held in foreign currency and securities.