The Central Bank of the Republic of Uzbekistan met with Zuercher Kantonalbank during the 59th Annual Meeting of the Asian Development Bank in Samarkand to discuss cooperation in international reserve management, money market and foreign exchange operations, gold trade, and professional training. The discussion covered current reserve management trends, including cash flow management, investment in new financial instruments, and the growing role of fixed-income securities. The meeting also reviewed bilateral cooperation since June 2019, which has included regular institutional engagement across the money market, bullion market, and foreign exchange operations. Zuercher Kantonalbank identified the money market as a continuing key area of cooperation, and the parties also discussed further interaction in gold trade, foreign exchange operations, and participation in Zuercher Kantonalbank training programmes. Both sides expressed readiness to continue the dialogue and develop cooperation in areas of mutual interest.
Central Bank of the Republic of Uzbekistan 2026-05-05
Central Bank of the Republic of Uzbekistan discusses deeper cooperation with Zuercher Kantonalbank on reserve management and market operations
The Central Bank of the Republic of Uzbekistan met Zuercher Kantonalbank on the sidelines of the Asian Development Bank’s 59th Annual Meeting to discuss cooperation in international reserve management, money market and foreign exchange operations, gold trade, and professional training. The parties reviewed bilateral cooperation since 2019, highlighted the money market as a key ongoing focus, and signalled readiness to deepen collaboration, including through Zuercher Kantonalbank training programmes.