Net foreign exchange reserves of Uzbekistan as of December 1 amounted to $ 25.2 billion, reports the Central Bank of Uzbekistan.

In November of this year, the country's gross foreign exchange reserves decreased by $ 511.1 million, amounting to $ 25.9 billion.

The Central Bank reported that the decrease in gold reserves in January-November of the current year was partly due to the decline in the price of gold from 1,296.50 to 1,220.45 dollars / tr. Oz (the estimated effect on the decline is $ 823.2 million).

The method of calculating foreign exchange reserves is conducted in accordance with the standards of the International Monetary Fund. Gold reserves consist of foreign exchange assets and monetary gold bullion.

“The Qazaq Times”