07/03/2018  
Press release

On March 1, gold and foreign exchange reserves of the Republic of Belarus totaled USD 7.1 billion


As of March 1, 2018, the volume of gold and foreign exchange reserves of the Republic of Belarus, according to the preliminary data, accounted for USD 7 093.4 million in the equivalent.

In February 2018, gold and foreign exchange reserves increased by USD 616.1 million (by 9.5%) after a decrease in January 2018 by USD 837.9 million (by 11.5%).

The increase in the level of the gold and foreign exchange reserves in February was due to the revenues from the sale of eurobonds by the Ministry of Finance, sales of bonds denominated in foreign exchange by the National Bank and the Ministry of Finance in the domestic market, foreign exchange receipts to the budget, including revenues from export duties on oil and oil products, as well as purchase of foreign exchange at the JSC "Belarusian Currency and Stock Exchange".

The Government and the National Bank fulfilled external and internal obligations in foreign currency for the amount of about USD 470 million in February.

According to the Monetary Policy Guidelines for 2018, the volume of gold and foreign exchange reserves as of January 1, 2019, taking into account the repayment of foreign exchange internal and external obligations by the Government and the National Bank of the Republic of Belarus, should be at least USD 6 billion.