As of February 1, the international reserve assets of our country amounted to about $ 6.5 billion.
In January 2018, they decreased by 11.5%, which was due to the planned repayment by the Government and the National Bank of external and internal debts totaling about 1.4 billion $ 835.8 million, which comprised Belarus’s obligations under government bonds, placed on the international financial market.
The level of gold and currency reserves in January was supported by the receipt of foreign currency in the budget, including from the collection of export duties on oil and oil products, the receipt of funds from the sale by the National Bank and the Ministry of Finance of bonds denominated in foreign currency.
An increase in the value of monetary gold also had a positive impact on the amount of reserves.
According to IMF calculations, in 2017, gold and foreign exchange reserves of the Republic of Belarus increased by $ 2.4 billion (48.5%) – to $ 7,315.3 million.
According to the Main Monetary Policy Guidelines for 2018, the volume of international reserve assets as of January 1, 2019, considering the repayment by the Government of the Republic of Belarus and the National Bank of internal and external liabilities in foreign currency, should amount to at least $ 6 billion.
The gold and foreign exchange reserve of Belarus has increased. Why is that bad? from .
