00:02Uzbekistan's international reserves totaled approximately more than 63 billion euros as of 1 February 2026, according to the Central Bank
00:11of Uzbekistan.
00:12Gold accounts for between 83 and 85 percent of the total.
00:17Data from the World Gold Council place Uzbekistan's 17th globally in terms of gold reserves and among the top 10
00:24gold-producing countries.
00:26We are among such big gold reserve holders such as US, UK, Germany, China, Russia, Poland, such big developed and
00:42emerging market countries.
00:44The Central Bank states that reserve management is based on principles of safety, adequacy and long-term sustainability.
00:51According to standard reserve adequacy benchmarks, international reserves are expected to cover at least 3 months of imports and 100
01:00percent of short-term external debt.
01:02In our case, our reserves cover 17 months of imports, which is way higher than required.
01:10The second is the short-term debt service.
01:15And our international reserves cover 4.4 times the short-term debt.
01:22They are way higher than the required amount.
01:44Gold has long symbolized power and wealth.
01:48For Uzbekistan, it also represents stability, security and long-term vision.
01:54As global markets fluctuate, the country continues to strengthen its financial resilience through one of the most valuable natural assets.
02:03This is Sarnoza Raxman Qolova, Euronews Tashkent.
02:06US, Sarnoza Raxman Qolova.
02:07merchants, for the US, GAGA and Euronews Tashkent.
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