Tashkent, Uzbekistan (UzDaily.com) — Central Bank of Uzbekistan reported a US$1.67 billion decrease in gold and foreign exchange reserves in November, bringing the total to US$41.5 billion.

The volume of foreign currency reserves dropped from US$9.2 billion to US$8.2 billion, reversing the growth seen in October when reserves increased from US$8.7 billion to US$9.2 billion.

Meanwhile, the physical volume of gold reserves rose from 12.0 million to 12.3 million troy ounces. However, the value of the gold reserves decreased from US$33.4 billion to US$32.7 billion.