Tashkent, Uzbekistan (UzDaily.com) — The Central Bank of Uzbekistan plans to continue acquiring foreign government bonds as part of its strategy to diversify gold and foreign exchange reserves. This was announced at a press conference on 23 January by the Deputy Chairman of the regulator, Abror Mirzo Olimov.
In June of last year, the Central Bank purchased foreign government securities worth US$35 million, and by the end of 2024, the total volume of such assets in reserves had increased to US$101 million. The main investments were made in U.S. Treasury bonds.
The regulator plans to continue the practice of purchasing U.S. securities, which began last year, throughout 2025 to further diversify its gold and foreign exchange reserves, noted Abror Mirzo Olimov.