Uzbekistan’s central bank increased its gold purchases by 18.7% in Q2 2024, amounting to UZS 26.4 tln (USD 2 bln) compared to the same period last year. Despite this increase in gold buying, the net interventions in Uzbekistan’s FX market remained consistent at UZS 20.3 tln (USD 1.6 bln), mirroring the figures from Q1 2024.