Uzbekistan's Gold and Forex Reserves Hit Record $77 Billion

Uzbekistan's international reserves have reached a new historic peak of $77 billion, according to the latest data from the country's central bank.

The figure increased by $2 billion over the past month alone. The primary driver behind this growth is the rising market value of precious metals held in the national stockpile.

As of February, the total volume of gold in Uzbekistan's reserves stood at 13.1 million troy ounces. The monetary value of this gold is estimated at $67.6 billion.

The foreign currency component of the reserves amounts to $8.8 billion, completing the record-breaking total.