Central Bank of Uzbekistan

Uzbekistan increases gold and foreign exchange reserves

Uzbekistan increases gold and foreign exchange reserves

The Central Bank of Uzbekistan announced an increase in its international reserves by $935 bln. As of March 1, 2022, they amounted to $35.36 bln. At the same time, the physical monthly volume of gold reserves decreased from 11.6 to 10.9 …

Uzbekistan raises refinancing rate to 14%

Uzbekistan raises refinancing rate to 14%

The Board of the Central Bank of Uzbekistan has decided to raise the refinancing rate to 14% from 9%, the press service of the bank said in a statement. "This decision was made due to the acceleration of inflation for the past …