BAKU, Azerbaijan, Nov. 23
By Klavdiya Romakayeva - Trend:
The volume of gold exports has not grown for the second month in a row In Uzbekistan, Trend reports referring to the State Statistics Committee of Uzbekistan.
The gold export volume from January through August 2020 reached $5.8 billion, and it has not changed since then.
Precious metal accounted for 43.5 percent of the total export volume for 10 months this year.
In addition, the import of precious metal over these two months increased from $20.4 million to $25.3 million despite the fact that no gold was sold abroad in September and October.
Earlier it became known that Uzbekistan has increased the volume of precious metals in gold and foreign exchange reserves. Reserves in troy ounces increased from 9.9 to 10.2 million as of October 2020 and the reserves of the precious metal increased from $18.6 to $19.04 billion.
The gold and foreign exchange reserves of Uzbekistan decreased in October from $33.46 to $33.35 billion.
This decrease happened due to a reduction of foreign currency in reserves from $14.48 to $13.94 billion.
In general, the foreign trade turnover of Uzbekistan over the past ten months reached $30.06 billion, which is 12.4 percent less compared to the same period last year.
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